Completes ₹2,500 Crore Capital Raise via QIP
Poonawalla Fincorp Limited · POONAWALLA · NSE ·
Successfully raised <b>₹2,500 Crore</b> (₹25,000 million) through a Qualified Institutions Placement (QIP). Allotted 67,430,883 new equity shares at an issue price of <b>₹370.75 per share</b>, which was at the maximum permissible discount of 5% to the floor price. The issuance re…