Spicejet crisis

These big investors including Madhusudan Kela invested in SpiceJet’s QIP

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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 will raise Rs 3,000 crore through QIP, issue will close today

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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

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