The news that Brigade Enterprises has successfully raised Rs 1,500 crore through a Qualified Institutional Placement (QIP) is positive for the company. The participation of prominent investors like ICICI Prudential, Goldman Sachs, Nippon, Kotak, and Axis indicates strong confidence in the company’s future prospects and growth potential. Here are some […]
Investment
The Indian Renewable Energy Development Agency (IREDA), a green financing non-banking financial company (NBFC), is considering raising up to Rs 4,500 crore through a Qualified Institutional Placement (QIP), right issue or other means. The company informed exchanges about this on August 21. A board meeting will be held on Thursday, […]
Morepen Laboratories Ltd, a pharmaceutical company, has initiated a Qualified Institutional Placement (QIP) to raise a substantial amount of Rs 250 crore. The company has also included a greenshoe option to potentially increase the issue size by an additional Rs 115 crore. Key Details of the QIP: Issue Size: Rs […]