DSIJ Mindshare

3390 Per Cent Returns: Multibagger Machinery Stock in Focus as Board Approves Rs 225 Crore QIP

Key resolutions included the approval to raise funds up to Rs 225 crore through Qualified Institutions Placement (QIP) in accordance with SEBI regulations.

Manoj Reddy Sama 0 28 Article rating: 5.0

The board approved an increase in the company's Authorized Share Capital from Rs 18 crore to Rs 20 crore

Understanding QIP: A Key Tool for Corporate Fundraising

Qualified Institutional Placement (QIP) refers to the issuance of equity shares, convertible securities, or any other financial instruments to qualified institutional buyers (QIBs) on a private placement basis.

Kiran Shroff 0 185 Article rating: 5.0

This method is primarily used by publicly listed companies to raise capital without undergoing the complexities of a public offering or rights issue.

Penny IT Stock Under Rs 2 Hit Upper Circuit; Board to likely to raise funds via preferential issue, rights issue QIP, ADR GDR or FCCB

From Rs 0.80 (52-week low) to Rs 1.02 per share, the stock is up by 27.50 per cent.

Kiran Shroff 0 348 Article rating: 3.3

From Rs 0.80 (52-week low) to Rs 1.02 per share, the stock is up by 27.50 per cent.

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