Explorer

Adani Enterprises Secures ₹50 Crore Via QIP Amid ₹1,500 Crore Investor Demand | Paisa Live

Gautam Adani Group’s flagship company, Adani Enterprises, has raised ₹4,000 crore through a Qualified Institutional Placement (QIP). The QIP saw an order book exceeding ₹12,000 crore, reflecting strong investor demand. The offering was launched with a base size of ₹4,000 crore and an additional ₹4,000 crore as a greenshoe option, allowing the company to raise more if needed. This significant capital raise highlights Adani Enterprises’ continued ability to attract large-scale investments. The funds are expected to be used for general corporate purposes and to support the company’s ongoing growth initiatives. With this successful QIP, Adani Enterprises further strengthens its financial position in line with its ambitious expansion plans across various sectors.

Business Videos

LIC Makes Major Changes To Several Popular Plans; Discover The Details Behind This Decision | Paisa Live
LIC Makes Major Changes To Several Popular Plans; Discover The Details Behind This Decision | Paisa Live

New Reels

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

India Expels 6 Canadian Diplomats Amid Row Over Investigation Into Nijjar's Murder
India Expels 6 Canadian Diplomats Amid Row Over Investigation Into Nijjar's Murder
Bahraich Violence: Murder Charges Pressed Against 30, CM Yogi Adityanath Likely To Meet Deceased's Kin In Lucknow
Bahraich Violence: Murder Charges Against 30, CM Yogi Adityanath Likely To Meet Deceased's Kin
India Withdraws High Commissioner To Canada, Other Targeted Diplomats As Nijjar Row Gets Uglier
India Withdraws High Commissioner To Canada, Other Targeted Diplomats As Nijjar Row Gets Uglier
Jammu-Kashmir: LG Sinha Invites National Conference-Led Govt To Take Oath On Oct 16
Jammu-Kashmir: LG Sinha Invites National Conference-Led Govt To Take Oath On Oct 16
Advertisement
ABP Premium

Videos

LIC Makes Major Changes To Several Popular Plans; Discover The Details Behind This Decision | Paisa LiveChina's Economy Faces Urgent Need For A Lifeline As It Struggles With Stagnation And Rising Challenges | Paisa LiveUncover The Comprehensive Process To Become A Successful Railway Ticketing Agent In India | Paisa LiveFrequent Cash Withdrawals From Credit Cards Set To Get Costly: Know The New Charges Ahead | Paisa Live

Photo Gallery

Embed widget