Union Bank of India raises Rs 5,000 cr equity capital via Qualified Institutions Placement

Mumbai: Union Bank of India, the fifth largest Public Sector Bank in India, successfully raised equity capital of Rs 5000 crore via Qualified Institutions Placement (QIP) on Friday.

Tata backed Indian Hotels Company to launch Rs 2000 cr QIP

Indian Hotels Company (IHCL) is set to launch a qualified institutional placement (QIP) worth Rs 2,000 crore, Economic Times reported.

PVR successfully completes its QIP of an amount of Rs. 800 crores

Mumbai/IBNS: Film entertainment company PVR on Monday successfully completed its equity fund raising of Rs. 800 crores through the Qualified Institutional Placement.

ICICI Bank raises Rs 15,000 crore via QIP

Mumbai/IBNS: ICICI Bank Saturday said it completed the allotment of equity shares under QIP (Qualified Institutional Placement) and raised nearly Rs 15,000 crore through the issuance of 418,994,413 equity shares at an issue price of Rs 358 per unit.

Axis Bank Limited raises Rs 10,000 crore through its Qualified Institutions Placement

Mumbai/IBNS: Axis Bank Limited, one of India’s largest private sector banks, recently announced that it has raised Rs 10,000 crore through its Qualified Institutions Placement (QIP).