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Quant Mutual Fund picks nearly half of shares in Adani Enterprises' Rs 4,200-crore QIP
The issue price for the QIP was set at Rs 2,962 per share, reflecting a 5 per cent discount from the floor price of Rs 3,117.47 per share, according to the company's exchange filing. The discount remained consistent when compared to Tuesday's closing price of Rs 3,
Quant Mutual Fund takes about half of Adani Enterprises' Rs 4,200 crore QIP; Small Cap Fund picks biggest stake
Adani Enterprises raised Rs 4,200 crore from institutional investors via a QIP. Quant Mutual Fund emerged as the largest investor, pouring in over Rs 1,973 crore into buying Adani Enterprises stock across its various schemes.
Adani Enterprises raises ₹4,200 crore through its QIP — Quant MF gets nearly half the shares
Pte Ltd. and SBI Life Insurance are some of the other institutions, to whom more than 5% of the shares in the Adani Enterprises QIP have been issued.
Deccan Chronicle
1h
Chit fund promoter flees with Rs 20 crore worth deposits
Hyderabad: A case was registered with the economic offences wing (EOW) of the Cyberabad police on Wednesday after many ...
The Financial Express
3h
Meet the man behind a Rs 1.10 lakh crore business: Rama Murthy Thyagarajan
Rama Murthy Thyagarajan, the founder of the Shriram Group, stands out as a remarkable figure in the world of billionaires.
8h
on MSN
Govt hikes wheat MSP by Rs 150/quintal at Rs 2,425 ahead of state polls
The government on Wednesday increased the Minimum Support Price (MSP) for wheat by Rs 150 to Rs 2,425 per quintal for the ...
12h
BharatPe FY24 revenue grows 39% to Rs 1,426 crore, Ebitda loss cut by 75%
BharatPe’s FY24 consolidated revenue grew 39 percent from the previous year while it narrowed its Ebitda loss by 75 percent, ...
9h
Hyderabad: Cyber fraudsters dupe man to tune of Rs. 20.3 lakh
According to the cybercrime police, the victim was lured by a WhatsApp message by the scammers who claimed to be executives ...
Press Trust of India on MSN
6h
Gold hits fresh record high of Rs 78,900 per 10g in Delhi
Gold prices touched a new all-time high of Rs 78,900 per 10 grams in the national capital on Wednesday, gaining Rs 250 due to ...
8h
Licious reports 8% drop in revenue to Rs 685 crore in FY24 amid third-party channel closures; losses cut by 44%
Licious said the company’s focus has shifted to owned channels, as a result of which revenue was dragged down from modern ...
11h
on MSN
UP Set To Unveil One Of World's Largest Bridges: Rs 2,642 Crore Rail-Road Link Over Ganga in Varanasi Gets Cabinet Approval
The Union Cabinet approved a new rail-cum-road bridge over the Ganga in Varanasi, costing ₹2,642 crore. The new structure ...
13h
Andhra CM Chandrababu Naidu gets clean chit from ED in Rs 371 crore skill development scam
Naidu was accused of misappropriating funds from the Skill Development Corporation, which resulted in a purported loss of ...
16h
Porsche Unveils Unique 718 Spyder RS Panamericana Special
This tribute vehicle commemorates Hans Herrmann’s historic third-place finish in 1954, where he also secured victory in the ...
3h
1:2 Split, Rs 5.75/Dividends YTD: Zero-Debt PSU Stock Hits 5% Lower Circuit, OFS Oversubscribed; Next Target?
The first day of the OFS was a hit as the governments base size oversubscribed by over 2 times. Retail investors will be able ...
13h
on MSN
From Rs 260 to Rs 16,000: Is this Mukul Agrawal, Vijay Kedia-backed multibagger headed towards Rs 20,000?
The pharma player, backed by Dalal Street veterans like Vijay Kedia and Mukul Agrawal, has been a consistent performer, has zoomed about 62 times from its covid lows.
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