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MULTIBAGGER Stock! LIC MF, others invest Rs 320 cr in Hi-Tech Pipes as firm raises over Rs 500 cr via QIP
Hi-Tech Pipes is a smallcap company, engaged in the metal sector. Its shares have delivered a multibagger return of 130 per cent in just 1 year. The company has just raised over Rs 500 crore through QIP.
Hi-Tech Pipes successfully concludes QIP issue of Rs 500 cr
Hi-Tech Pipes announced the successful closure of Rs 500 crore Qualified Institutional Placement (QIP), with oversubscription by marquee institutional investors. The QIP, which opened on 07 October 2024 (post market hours) and closed on 11 October 2024,
Hi-Tech Pipes raises Rs 500 crore via QIP | Check details here
According to the company, the growth is primarily driven by a surge in demand across key sectors, including infrastructure, water transportation, and solar energy.
Hi-Tech Pipes raises over Rs 500 crore via QIP, allots 2.7 crore shares
BofA Securities, Motilal Oswal, Bank of India, Bandhan Mutual Fund, JM Financial Mutual Fund, LIC MF were among those who were issued shares in the QIP.
Hi-Tech Pipes raises Rs 500 crore via QIP - Details
Pursuant to the allotment of equity shares in the issue, the paid-up equity share capital of the company stands at Rs 20,31,07,734 consisting of 20,31,07,734 Equity Shares of Rs 1 each.
2d
Adani Enterprises Eyes $2 Billion Fundraising Through Qualified Institutional Placement
The main company of billionaire Gautam Adani's empire, Adani Enterprises Limited, is allegedly in discussions with a number ...
11h
on MSN
Share Market News: FIIs invest Rs 500 million Into Gujarat Toolroom Stock
Key financial metrics paint a highly optimistic picture for Gujarat Toolroom Ltd. The company's Price-to-Earnings (P/E) ratio ...
devdiscourse
2d
Adani Enterprises Launches Rs 16,600 Crore Share Sale via QIP
Adani Enterprises Ltd announced a Rs 16,600 crore share sale through a qualified institutional placement. The floor price is ...
GlobalData on MSN
2d
Varun Beverages outlines funding plans
PepsiCo bottler Varun Beverages is planning to raise funds through a QIP, or qualified institutional placement.
Business Times
2d
India’s Adani Enterprises launches 166 billion rupees share sale to institutional investors
ADANI Enterprises on Wednesday (Oct 9) launched a share sale to institutional investors to raise up to 166 billion rupees ...
devdiscourse
2d
Adani Enterprises Launches QIP at ₹3,117 per Share
Adani Enterprises has initiated a qualified institutional placement offer at a floor price of ₹3,117 per share. The company ...
57m
on MSN
Oberoi Realty Board approves plan to raise ₹6,000 crore
Oberoi Realty’s board approved a proposal to raise up to ₹6,000 crore through equity shares and other securities in one or ...
2d
Adani Enterprises Initiates Rs 4,200 Crore Qualified Institutional Placement for Large Investors
Adani Enterprises initiates a Rs 4,200 crore qualified institutional placement to raise funds, with a floor price set at Rs 3 ...
18d
SpiceJet raises Rs 3,000 crore through Qualified Institutional Placement
In addition to Rs 3,000 crore funding, the airline said it will also receive an additional Rs 736 crore from the previous ...
money.rediff
7d
BANK OF MAHARASHTRA - Board Meeting Outcome for Qualified Institutional Placement - Outcome Of Issue Committee On Issue Closure
BANK OF MAHARASHTRA - Board Meeting Outcome for Qualified Institutional Placement - Outcome Of Issue Committee On Issue Closure ...
1d
on MSN
Srestha Finvest shares hit upper circuit as board approves fundraising, preferential share issue
This preferential allotment is still subject to necessary approvals from shareholders and other regulatory entities.
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