QIP
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QIP: Qualified Institutional Placement, a method for Indian listed companies to raise capital by issuing shares to qualified institutional buyers.
Shakti Pumps successfully raised Rs 2.926 billion through a Qualified Institutions Placement (QIP) to institutional investors.
3 months ago
5 min read
Shakti Pumps successfully completed a Qualified Institutions Placement (QIP), raising approximately ₹292.60 crore through the issuance of 3,187,365 equity shares to institutional buyers.
3 months ago
5 min read