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QIP, Punjab National Bank
Punjab National Bank QIP Closes With Nearly 5% Discount To Floor Price
Punjab National Bank, the country's second-largest state-run lender, completed its share sale to institutional investors on Thursday. The board issued shares under the qualified institutional placement route at Rs 103.
Punjab National Bank raises Rs 5,000 crore via QIP
PSU lender Punjab National Bank on September 27 said it raised Rs 5,000 crore through Qualified Institutions Placement (QIP). In a stock exchange filing, the bank said it allotted 48.2 crore shares to Qualified Institutional Buyers at Rs 103.
PNB raises ₹5,000 crore via QIP to strengthen capital base
The QIP, which launched on September 23 and closed on September 26, received an overwhelming response from the market. Shares of Punjab National Bank ended at ₹109.25, up by ₹1.95, or 1.82%, on the BSE.
State-owned Punjab National Bank raises Rs 5,000 crore through QIP issue
State-owned Punjab National Bank (PNB) has raised Rs 5,000 crore through an issue of equity shares to qualified institutional players.
2d
Are PNB investors worried about QIP-led dilution?
PNB’s shares have been falling ever since the capital raising plans became known with the June quarter results. Though the ...
Hosted on MSN
2d
SpiceJet QIP: Rs 3000 crore in, GST dues out, salaries settled! Details
Low-cost carrier SpiceJet is on the path to recovery, clearing all GST dues and settling employee salary arrears. Following a ...
ndtvprofit
2d
PNB Raises Rs 5,000 Crore Via QIP; Citigroup, BofA Securities Among Buyers
As per the disclosure made by the lender, Citigroup Global Markets Mauritius Pvt. has been allotted 21.8% of the overall QIP ...
11d
SpiceJet to utilise QIP proceeds to stabilise its 'financial health'
Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants.
2d
PNB raises ₹5,000 crore equity capital via QIP
PNB raises ₹5000 crore through QIP, attracting diverse investors and strengthening capital adequacy ratios, with marquee ...
ET Now on MSN
2d
PNB QIP: Rs 5000 cr fundraise! - Check updates
Shares of PNB are witnessing a weak trend in recent times, with a decline of 8 per cent in three months, underperforming ...
Fortune India
6d
SpiceJet's ₹3,000 cr QIP oversubscribed; shares surge 10%
SpiceJet’s Qualified Institutional Placement (QIP) worth ₹3,000 crore was oversubscribed, the airline informed today via an ...
6d
SpiceJet QIP: Airline Stock Soars 10% After Rs 3,000 Crore Fundraise From QIBs; 100% Returns In 1 Year
The shares of SpiceJet soared by up to 10% on September 23, following the airlines successful Rs 3,000 crore fundraising ...
moneycontrol.com
2d
KEC International raises over Rs 870 crore through QIP at Rs 955 per share
Infrastructure EPC player KEC International has raised over Rs 870 crore through a qualified institutional placement (
QIP
) ...
2d
PNB raises ₹5,000 crore via QIP to augment CAR
Punjab National Bank raises ₹5,000 crore via QIP, attracting bids worth ₹41,734 crore, boosting capital adequacy ratio.
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