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QIP, SpiceJet
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 successful Rs 3,000 crore QIP, the airline attracted major investors like Goldman Sachs and Morgan Stanley,
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 issue, BofA Securities Europe SA ODI was allotted 8.3%, SBI Contra Fund 7.9%, Morgan Stanley Asia (Singapore) Pte. 5.9%, and Goldman Sachs (Singapore) Pte. 5.8%.
SpiceJet raises Rs 3,000 Crore through QIP amid new insolvency plea
SpiceJet said on Monday that it has successfully raised Rs 3000 crore through its recently concluded Qualified Institutional Placement (QIP).In addit
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 through Qualified Institutional Buyers (QIBs). This move offered a significant financial boost to the low-cost carrier amid financial challenges in recent times.
SpiceJet clears all GST dues after raising Rs 3,000 crore via QIP
Beleaguered carrier SpiceJet has successfully cleared all its outstanding Goods and Services Tax (GST) dues, demonstrating its commitment to financial discipline and regulatory compliance. The airline’s statement on Friday highlighted that this milestone was achieved following SpiceJet’s recent Qualified Institutional Placement (QIP),
Cleared all GST dues, says SpiceJet
The airline, which raised Rs 3,000 crore through the Qualified Institutional Placement (QIP) route last week, had GST dues worth over Rs 145 crore. New Delhi: Debt-ridden SpiceJet on Friday said it has cleared all its Goods and Services Tax (GST) dues.
Business News LIVE Updates Today September 27, 2024: Why are SpiceJet shares rising today? GST dues, salary clearance and QIP
SpiceJet has cleared all GST dues and settled a dispute with ELFC. The airline also paid off salary dues to employees, showcasing its financial
SpiceJet shares rise as airline clears all GST dues after raising Rs 3k cr via QIP
On September 26, the airline had said it cleared pending salary dues worth Rs 80 crore; the QIP attracted a diverse range of top-tier institutional investors and funds
SpiceJet clears GST dues days after raising Rs 3,000 cr via QIP
Low-cost airline SpiceJet announced on Friday that it has cleared all its Goods and Services Tax (GST) dues, just one day after settling salary arrears for its employees. This follows the airline's successful fundraising of Rs 3,
3d
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 ...
6d
PNB launches QIP today, fixes floor price of Rs 109.16 per share
PSU lender Punjab National Bank Ltd announced floor price of Rs 109.16 per share for the Qualified Institutions Placement ...
12d
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.
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 ...
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 ...
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 ...
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
) ...
1d
PNB Bank Raises ₹5,000 Crore Via QIP; Issue Subscribed 8.3 Times: Know Everything About It
'The bank received bids totalling Rs 41,734 crore for the QIP issue from Qualified Institutional Buyers (QIBs), which ...
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