Many well-known investors have invested in SpiceJet’s QIP. According to information received by NDTV Profit from sources, Madhusudan Kela, Akash Bhansali, Sanjay Dangi and Rohit Kothari’s family offices have invested in SpiceJet QIP. According to sources, Think Investments, Tata Mutual Fund and Bandhan Bank have also invested in SpiceJet. Apart from this, Discovery Fund, Plutus … Read more
SpiceJet has set a floor price of Rs 64.79 per share for the sale of securities to qualified institutional buyers through which the budget carrier aims to raise up to Rs 3,000 crore. Last week, shareholders approved a proposal to raise up to Rs 3,000 crore. According to the preliminary placement document, a copy of … Read more
Spicejet’s Rs 3,000 crore qualified institutional placement issue (QIP), which opened on Monday, is closing today. SpiceJet had decided to raise funds through QIP to deal with financial crunch and operational challenges. Shares have been offered at a price of Rs 61.60 per share in QIP. This is at a discount of 4.92% to SEBI’s … Read more
