QIP
Torrent Power gets overwhelming response to Rs.3,500-crore QIP issue
- Dec 10, 2024
Torrent Power recently concluded its Rs.3,500-crore ($413.20 million) Qualified Institutional Placement (QIP) issue, attracting bids of about Rs.14,000 crore – nearly four times the base issue size — from a mix of international and domestic investors. In a release, Read more
Adani Energy Solutions completes $1-bln QIP, largest in power sector
- Aug 5, 2024
Adani Energy Solutions Ltd (AESL) announced that it has successfully completed its $1-billion Qualified Institutional Placement (QIP), which is the largest in India’s power sector. This QIP, worth Rs.8,373 crore, marks AESL’s first equity raise in the capital market Read more