KIMS offers 20 mn fresh shares to institutions in a bid to raise ₹1,500 crore

KIMS launched a ₹1,500 crore QIP on Tuesday, offering 19.86 million fresh shares at ₹755 apiece—a 3% discount to market price. Most of the proceeds will retire debt at the listed entity and three subsidiaries, with listing of new shares expected by 25 June. 

Vimal Sharma

Vimal Sharma

Leave a Reply

Your email address will not be published. Required fields are marked *

Author Info

Vimal Sharma

Vimal Sharma

A dedicated blog writer with a passion for capturing the pulse of viral news, Vimal covers a diverse range of topics, including international and national affairs, business trends, cryptocurrency, and technological advancements. Known for delivering timely and compelling content, this writer brings a sharp perspective and a commitment to keeping readers informed and engaged.

Top Categories