HCL Info Raises Rs 471 crore via QIP
HCL Infosystems has raised Rs 471 crore ($102 million) through qualified institutional placements (QIPs). The issue is priced at Rs 155 per share with equity dilution of around 18% post the issue.
Another around Rs 322 crore have been raised by issuing warrants to promoters at Rs 153 per share. The promoters can convert the warrants into equity later.
HCL Info’s CMP is Rs 161.50 today.
Related posts:
- HCL Info gets order worth Rs 529 crore HCL Infosystems is an IT Hardware firm, informed the market...
- Aban Offshore QIP : Raises Rs 1000 crore Aban Offshore is an Offshore oil drilling and production services...
- L&T raises Rs 2820 crore via QIP and FCCB Larsen and Toubro Ltd (L&T) has raised around Rs 1880...
- HCL Infosystems’ Q4 net down 7% IT hardware firm HCL Infosystems today reported a consolidated net...
- Godrej Consumer Products Ltd (GCPL) to Raises Rs 3000 crore via QIP Godrej Consumer Products Ltd is a manufacturer of toilet soaps...
Related posts brought to you by Yet Another Related Posts Plugin.
Activity