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...
14 Jan, 2025, 04.34 PM IST
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...
07 Oct, 2024, 09.28 AM IST
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.
06 Oct, 2024, 09.37 AM IST
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...
01 Oct, 2024, 09.34 AM IST
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...
31 Mar, 2024, 11.32 AM IST
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...
07 Jun, 2023, 08.23 PM IST
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...
16 Jul, 2021, 11.33 PM IST
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...
14 Jul, 2021, 12.17 AM IST
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 ...
24 Jun, 2021, 11.35 PM IST
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
01 Jun, 2021, 06.55 AM IST
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.
14 Apr, 2021, 09.06 AM IST
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...
13 Apr, 2021, 10.29 PM IST
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.
11 Oct, 2020, 11.52 AM IST
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.
26 Mar, 2018, 07.35 PM IST
PSBs’ fund-raising plans may take a hitAt least 3 PSB's are looking to raise money from institutional investors in the near future.
16 Feb, 2018, 09.11 AM IST
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...
12 Dec, 2017, 10.27 PM IST
Capital-starved PSBs line up QIPsChennai-based Indian Bank is leading the race to launch the QIP and has hired four investment banks.
27 Sep, 2017, 09.48 AM IST