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BANK OF MAHARASHTRA QIP
Stocks in news: HCL Tech, Bharti Airtel, SBI, Adani Enterprises, GMR AirportsIndian equities opened the week strong, with the Sensex and Nifty gaining nearly 1% each on positive global sentiment. Key stocks in focus ...- PSU bank stocks sink up to 12%; Central Bank of India, Punjab & Sind Bank, IOB lead lossesCentral Bank of India’s stock dropped nearly 12% today, marking its third consecutive day of losses, after already falling over 6% in the l...
- LIC is top investor in QIP fundraise of 4 public banks, buys nearly a quarter of issuesLife Insurance Corporation of India has become the top investor in the share sales of UCO Bank, Central Bank of India, Indian Overseas Bank...
- PSU bank stocks rally up to 18%. What's the good news?Punjab & Sind Bank, Indian Overseas Bank, UCO Bank, Central Bank, and Bank of Maharashtra have received approval to raise Rs 2,000 crore ea...
- Bank of Maharashtra stock in focus after LIC raises stake via QIPBank of Maharashtra shares are expected to attract attention on Monday after the Life Insurance Corporation of India (LIC) increased its st...
- LIC increases stake in Bank of Maharashtra from 4.05% to 7.1% via QIPLife Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the company informed the exchange in a filing.
- Bank of Maharashtra shares in focus as it launches QIP to raise Rs 3,500 croreBank of Maharashtra Share Price: The bank may offer up to a 5% discount on the floor price. It aims to raise Rs 1,750 crore through the bas...
- Fundraising via QIP hits Rs 78,000 crore in FY24 on strong market sentimentFuelled by improved market sentiments and robust underlying demand, fundraising by issuing shares/units to institutional investors soared t...
- Bank of Maharashtra raises Rs 1,000 crore via QIPThe price was at a 4.94% discount to the floor price of Rs 29.94 per share. The QIP, which opened on June 1, was fully subscribed and recei...
- Bank of Maharashtra closes QIP, mops up Rs 404 crore from issueThe shares were allotted at Rs 23.70 apiece to the QIBs at a discount of 4.78 per cent to the floor price of Rs 24.89 per share, the bank s...
- Bank of Maharashtra fixes floor price at Rs 24.89 per share for Rs 2,000 cr QIPIn April this year, the Pune-based lender had received board approval to raise Rs 5,000 crore by way of QIP/rights issue/ preferential issu...
- Bank of Maharashtra gets shareholders' nod to raise Rs 5,000 crThe resolution of raising equity capital by follow-on public offer (FPO), QIP or preferential issue, among others, aggregating to Rs 5,000 ...
- Equity bounce: PSU banks plan Rs 8,500-9,000 crore of QIPsCanara Bank, Indian Bank, Bank of Maharashtra expected to launch their QIP offerings between July and September
- PNB, Indian Bank among PSBs looking to raise up to Rs 8,000 crorePSU banks would need about Rs 43,000 crore of fresh equity capital this fiscal year, ICRA estimates.
- Second COVID-19 wave may delay PSBs equity raising plansPublic sector banks in need of raising equity have begun preparations for share sales but the second wave of the coronavirus may delay thei...
- These 5 PSU bank stocks are trading near their face value. Here's whyMany banks have taken their shareholders' approval for raising capital from the market. This may lead to dilution of stake of the promoter.
- QIPs hit a half century in FY18, but 70% of them fail to deliver returns!QIP is fund-raising tool where a firm allots securities to QIBs on a private placement basis.
- PSBs’ fund-raising plans may take a hitAt least 3 PSB's are looking to raise money from institutional investors in the near future.
- Bank of Maharashtra gets nod to raise Rs 313 cr via QIPState-owned Bank of Maharashtra (BOM) today said its board has approved to allot over 12 crore shares under QIP to raise up to Rs 313.55 cr...
- Capital-starved PSBs line up QIPsChennai-based Indian Bank is leading the race to launch the QIP and has hired four investment banks.
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