Fundraising via QIP hits Rs 1 trillion for the first time ever in history

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Meanwhile, Adani Energy Solutions has raised Rs 8,373 crore via QIP in August, making it the largest fundraise in the Indian power sector.

Till October 2024, 77 companies had raised Rs 96,321 crore via the QIP route.

Fundraising via the qualified institutional placement (QIP) route crossed the Rs 1 trillion-mark during calendar year 2024 (CY24), the highest amount raised ever in history through this route.

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Category: BusinessFinance

Markets: India

Topics: QIP in Cy24 NSE Vedanta BSE Adani Group Fundraise Godrej Properties Ambareesh Baliga Zomato QIP Markets QIP in 2024 Samvardhana Motherson International

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 10:28:59 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 768 words

Reading Time: 5 minutes read

Sentences: 23 lines

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Copyright Owner: © Business Standard

News ID: 23937585

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