Hi-Tech Pipes successfully raised over Rs 500 crore through a Qualified Institutional Placement (QIP), attracting leading domestic and global investors.
What is a QIP? A qualified institutional placement (QIP) is a financial instrument that enables companies to raise funds by selling shares or other securities to select financial institutions, known ...
The lender said the capital is slated to be raised through qualified institutional placement (QIP), follow-on public offer, rights issue, preferential issue or any other means or a combination. New ...