SpiceJet Secures Rs 3,000 Crore Funding Through QIP
SpiceJet has raised Rs 3,000 crore by selling shares to qualified institutional buyers. This funding, involving major foreign entities, will help the airline address financial liabilities. The allotment was made at Rs 61.
SpiceJet raises Rs 3,000 cr from institutional investors via share sale
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 approves 48.7 crore share issue for Rs 3,000 crore QIP at Rs 61.60 apiece
Low-cost airline SpiceJet on Saturday announced that its board has approved the issuance and allotment of about 48.71 equity shares to eligible qualified institutional buyers to raise Rs 3,000 crore at an issue price of Rs 61.60 apiece. The issue price ...
Spicejet QIP: Board Okays 48.7 Cr Share Allotment To Raise Rs 3,000 Cr
Struggling low-cost carrier SpiceJet on Saturday said its board has approved the issuance and allotment of 48.70 crore equit
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 raises Rs 3,000 cr
SpiceJet has raised Rs 3,000 crore through the sale of shares to qualified institutional buyers, including major foreign entities. The funds will help the airline clear various dues and liabilities. This financial boost comes as SpiceJet faces multiple challenges and aims to stabilize its operations in a competitive market.
SpiceJet’s Share Sale Said to Lure Tata Mutual Fund Among Others
SpiceJet Ltd.’s $358 million share sale attracted bids from several large investors including Tata Mutual Fund, people familiar with the matter said, providing a lifeline to the Indian airline that has furloughed staff and delayed tax payments.
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
SpiceJet QIP: Board approves issue of 48.7 crore share allotment at Rs 61.80 per share
SpiceJet announced on Saturday (Sept. 21) that its board has approved the issuance and allotment of 48,70,12,986 equity shares to qualified institutional buyers at a price of Rs 61.60 per share, which includes a premium of Rs 51.
SpiceJet raises Rs 3,000 cr from institutional investors
SpiceJet has raised Rs 3,000 crore through the sale of shares to qualified institutional buyers, including major foreign entities. The funds will help the airline clear various dues and liabilities. This financial boost comes as SpiceJet faces multiple challenges and aims to stabilize its operations in a competitive market.
SpiceJet faces setback as SC backs order to ground engines
The airline said while two engines were already grounded, arranging a stand to return the engines would take at least a month ...
SC asks SpiceJet to return three engines to lessors
In a setback for SpiceJet, the Supreme Court on Friday in its order upheld the Delhi High Court’s decision and directed ...
Supreme Court dismisses SpiceJet’s appeal, upholds grounding of leased engines
The Supreme Court on Friday rejected SpiceJet's plea against a Delhi High Court order that required the cash-strapped airline ...
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