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Adani Enterprises raises $500 million via QIP
Millennium Post Delhi
|Delhi 18 October 2024
The QIP received bids of approximately 4.2 times of the deal size
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Adani Enterprises Limited (AEL) on Thursday said it has successfully completed the Qualified Institutional Placement(QIP) of equity shares of face value of Rs 1 each of AEL ("Equity Shares") aggregating to approximately Rs 4,200 crore ($500 million). A total of 1,41,79,608 equity shares were allocated at an issue price of Rs 2,962 per equity share through the QIP.
This story is from the Delhi 18 October 2024 edition of Millennium Post Delhi.
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