IPO & listingMoneycontrol
Bajaj Finance may launch Rs 11,700 crore QIP
Positive+40
GreyOak summary
Bajaj Finance plans a qualified institutional placement (QIP) to raise up to Rs 11,700 crore to fund business expansion. This move is part of a broader Rs 17,500 crore capital-raising program approved by the board. The company recently also approved a Rs 5,800 crore warrant allotment to its promoter, Bajaj Finserv.
What it affects
- Bajaj FinanceBAJFINANCEPositive +40
Plans Rs 11,700 crore QIP for growth funding.Rolling sentiment Positive +29
Source
Read the original at MoneycontrolMore Bajaj Finance news
- Bajaj Finance shares close 3% higher amid Rs 11,700-crore QIP issueBusiness Today · IPO & listing ·
- Bajaj Finance shares rally 3% near 52-week high on QIPBusiness Standard · IPO & listing ·
- Stocks to watch: Bajaj Finance, GRSE, LIC, Meesho, ITC, Tata InvestmentBusiness Standard · Market wrap ·
- Bajaj Finance shares in focus as QIP kicks off; floor price, other detailsBusiness Today · IPO & listing ·
- Buzzing stocks: Bajaj Finance, Tata Power, Adani Enterprises, Sandur Manganese, Alivus Life, Aurobindo PharmaBusinessLine · Company update ·