Tag: QIBs
BANKING & FINANCE Poonawalla Fincorp Raises ₹2,500 Cr, Attracts Strong Institutional Interest

Poonawalla Fincorp Ltd (PFL) has announced the successful completion of its qualified institutions placement (QIP), raising ₹2,500 crore. The issue saw strong participation from institutional investors and long-term funds, reflecting continued confidence in the company’s strategy and growth outlook. Issue details and pricing The company issued 67,430,883 equity shares of face value ₹2 each to […]

CW Bureau · Apr 14, 2026
GENERAL GoI To Divest Up To 4% In IRFC Via Open Offer; Sets Floor Price Of ₹104

Retail and non-retail investors will closely track the share price movement of Indian Railway Finance Corporation (IRFC) over the next two trading sessions, as the Government of India launches an Offer for Sale (OFS) to divest up to 2% stake, with a green shoe option to sell an additional 2%. The floor price for the […]

CW Bureau · Feb 25, 2026