Markets · 1 sources covering this

Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bids

Adani Energy Solutions' Rs 3,500 crore QIP was oversubscribed 3.1 times, attracting bids worth over Rs 10,800 crore from domestic mutual funds, insurers, foreign investors and Premji Invest. The issue was priced at Rs 1,615 per share, a discount to the SEBI floor price. The proceeds will fund capital expenditure, debt repayment, acquisitions and general corporate purposes.

Share:WhatsApp X Reddit Facebook

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·2h ago
Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bids
Adani Energy Solutions' Rs 3,500 crore QIP was oversubscribed 3.1 times, attracting bids worth over Rs 10,800 crore from domestic mutual funds, insurers, foreign investors and Premji Invest. The issue was priced at Rs 1,615 per share, a discount to the SEBI floor price. The proceeds will fund capital expenditure, debt repayment, acquisitions and general corporate purposes.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/e0b94ca6e8ba6822aab3fae13ba21292b3c7d506"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bids"></iframe>

Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bids

How 1 sources are covering this