SpiceJet QIP: Board okays 48.7 crore share allotment to raise Rs 3,000 crore
With this allotment, the airline's paid-up equity share capital will increase from Rs 794.67 crore, representing 79.46 crore equity shares, to Rs 1,281.68 crore, representing 128.16 crore equity shares.
SpiceJet Takes Flight With QIP Allotment: Board Greenlights QIP Of 48.7 Crore Shares At ₹61.60 Each Amid Financial Turbulence
SpiceJet, the embattled low-cost carrier on Saturday (September 21) through an exchange filing announced that the company that its board has approved the issuance and allotment of 48.7 crore equity shares to qualified institutional buyers at a price of Rs 61.
SpiceJet QIP allotment: Board approves issue of 48.7 crore shares at issue price of Rs 61.60 per share
SpiceJet is grappling with multiple woes, including financial challenges, legal battles and grounding of aircraft
SpiceJet QIP: Top investors for Rs 3000 crore offer - Check floor price, details
In a regulatory filing on Friday, the airline said shareholders have given their nod for the special resolution to raise up to Rs 3,000 crore.
SpiceJet to issue 48.7 crore shares for ₹3,000 crore QIP
QIP oversubscribed by Tata Mutual Fund, Discovery Fund. SpiceJet's ₹3,000 crore QIP has attracted significant investor interest, and was oversubscribed by key players such as Ta
EMS Board Approves Fundraise Of Up To Rs 400 Crore Through QIP
The board of directors of EMS Ltd. approved on Thursday a proposal to raise funds of up to Rs 400 crore at a face value of Rs 10 per share through a qualified institutional placement. The company will raise the funds in one or more tranches, subject to approval from the shareholders, according to an exchange filing. ADVERTISEMENT
SpiceJet raises Rs 3,000 cr from institutional investors
SpiceJet has raised Rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline
SpiceJet QIP: Board greenlights 48.7 crore share allotment at ₹61.60 per share
With this allotment, the company’s paid-up equity share capital will increase from ₹794.67 crore, representing 79.46 crore equity shares, to ₹1,281.68 crore, representing 128.16 crore equity shares, according to SpiceJet’s regulatory filing.
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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.
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Samvardhana Motherson launches QIP to raise funds — CNBC-TV18 newsbreak confirmed
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Reliance Infra approves ₹6,000 Crore QIP
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SpiceJet shares fall 6% on profit booking; airline launches ₹3,000 cr QIP
Budget airline has not officially announced the QIP size yet but said its board has approved raising of up to ₹3,000 crore ...
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Reliance Infra QIP: Anil Ambani's company mulls fund raise; shares hit 52-week HIGH
Reliance Infrastructure shares climbed nearly 10% to hit a 52-week high of Rs 320 per share on Friday, September 20, in the ...
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SpiceJet QIP: Bandhan Bank, family offices of Madhu Kela, Akash Bhanshali among investors, says report
The proceeds will also be used for settling liabilities of creditors, including aircraft and engine lessors, engineering ...