Piramal Finance to raise ₹3,850 crore through QIP, promoter infusion

India

What to know

  • The fundraising drew strong interest from domestic mutual funds and global institutions, including BlackRock, Goldman Sachs Asset Management and Eastspring InvestmentsS1
  • Mumbai: Piramal Finance has announced plans to raise ₹3,850 crore in growth capital through a qualified institutional placement (QIP) and a separate infusion from its promoter group.The non-bank lender has raised ₹2,100 crore through the QIP, while its board h...S2
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2mos Thehindubusinessline

Piramal Finance to raise ₹3,850 crore through QIP, promoter infusion

The fundraising drew strong interest from domestic mutual funds and global institutions, including BlackRock, Goldman Sachs Asset Management and Eastspring Investments

2mos Freepressjournal

Piramal Finance Raises ₹2,100 Crore Through QIP, Promoters To Infuse Additional ₹1,750 Crore

Mumbai: Piramal Finance has announced plans to raise ₹3,850 crore in growth capital through a qualified institutional placement (QIP) and a separate infusion from its promoter grou…

Piramal Finance to raise ₹3,850 crore through QIP, promoter infusion

2 outlets 2 reports

What to know

  • The fundraising drew strong interest from domestic mutual funds and global institutions, including BlackRock, Goldman Sachs Asset Management and Eastspring InvestmentsS1
  • Mumbai: Piramal Finance has announced plans to raise ₹3,850 crore in growth capital through a qualified institutional placement (QIP) and a separate infusion from its promoter group.The non-bank lender has raised ₹2,100 crore through the QIP, while its board h...S2
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Sources · 2 citations

S1 Thehindubusinessline 1 report · EN
S2 FreepressjournalLead 1 report · EN