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Tag: Bharat Forge raises ₹1

Bharat Forge raises ₹1,650 crore through QIP

Posted on December 10, 2024 By admin
Bharat Forge raises ₹1,650 crore through QIP

Bharat Forge Ltd said it has raised ₹1,650 crore via Qualified Institutional Placement (QIP). “The issue witnessed significant interest across Domestic & Foreign Qualified Institutional investors resulting in more than 10 times the demand of the issue size,” the company said.  “The issue of the QIP was done at ₹1,320 per share while the floor…

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