QIP News

SBI's Historic Listing Fueled Unprecedented Growth, Chairman Setty Reveals

SBI Chairman CS Setty highlights the pivotal role of the bank's historic listing in 1955 in its growth, revealing the success of its Rs 25,000 crore QIP and the overwhelming invest...

State Bank of India's Monumental Rs 25,000 Crore QIP Oversubscribed by 3 Times, Signaling Strong Investor Confidence

State Bank of India's Rs 25,000 crore QIP oversubscribed by 3 times, attracting top domestic and international investors. This move is set to strengthen SBI's financial position an...

Breaking News: Reliance Power and Infrastructure Set to Raise Massive Rs 18,000 Crore Combined

Reliance Infrastructure and Reliance Power plan to raise Rs 9,000 crore each through equity, linked instruments, and debentures, signaling strong growth ambitions and financial str...

Indian Bank Secures Approval to Boost Capital by 5,000 Crore Through QIP and FPO

Indian Bank has been approved to raise Rs 5,000 crore through QIP, FPO, or rights issue, as decided in its AGM. This strategic move aims to bolster the bank's capital base, followi...

State Bank of India Set to Launch Record Rs 25,000 Crore Share Sale Next Week

State Bank of India is planning a Rs 25,000 crore share sale to institutional investors, potentially next week, aiming to set a new record in India's equity fundraising. Approved i...

Indian Overseas Bank Secures Rs 1,436 Crore Through Strategic QIP, Attracts Major Investors Like LIC and SBI

Indian Overseas Bank (IOB) has raised Rs 1,436 crore through a QIP, with major investments from LIC and SBI. The move increases its capital and plans for future growth, aiming to b...

Indian Overseas Bank Initiates QIP to Secure Rs 2,000 Crore, Aiming to Reduce Government's Stake

Indian Overseas Bank (IOB) launches a QIP to raise Rs 2,000 crore, aiming to reduce the government's stake and comply with SEBI's MPS mandate. Additionally, the bank plans to issue...

IREDA Greenlights Ambitious Rs 5,000 Crore Fundraising Plan Through QIP for Renewable Energy

IREDA announces a Rs 5,000 crore fundraising plan through QIP to support renewable energy projects, ensuring a sustainable future while maintaining government shareholding.

Punjab & Sind Bank Aims to Boost Capital with Rs 2,000 Crore QIP This Quarter

Punjab & Sind Bank plans to raise Rs 2,000 crore through QIP, aiming to reduce government stake and improve capital adequacy. With a significant profit jump and reduced bad loans, ...