Tag: Qualified Institutional Placement

Elitecon International to raise ₹300 crore by QIP

Elitecon International to raise ₹300 crore by QIP

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FMCG company Elitecon International Ltd, is planning to raise ₹300 crore by issuing equity shares through Qualified Institutional Placement (QIP). The funds raised will be invested in acquiring Sunbridge Agro Pvt. Ltd. and Landsmill Agro Pvt. Ltd., a move aimed at strengthening the company’s portfolio and accelerating growth. Tunbridge Agro Private Ltd operates an edible oil […]

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Fund mobilisation through equity, debt routes down 20% to ₹11 lakh crore in 2022

Fund mobilisation through equity, debt routes down 20% to ₹11 lakh crore in 2022

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Fund mobilisation by companies through equity and debt routes has dropped 20% in 2022 to nearly ₹11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain challenging. The year 2021 was extraordinary for fundraising from the equity and debt routes, […]

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