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SpiceJet's QIP Draws Investment From Madhusudan Kela Among Top Investors
The development comes as SpiceJet seeks to enhance its financial stability and competitiveness in the Indian aviation market.
Madhu Kela among top investors leading SpiceJet's Rs 3,000 crore QIP response
SpiceJet's QIP received strong investor response, with marquee investors like Madhu Kela's family office participating. The company aims to raise Rs 3,000 crore but has exceeded the target. Other notable investors include Akash Bhanshali,
SpiceJet QIP: Bandhan Bank, family offices of Madhu Kela, Akash Bhanshali among investors, says report
The proceeds will also be used for settling liabilities of creditors, including aircraft and engine lessors, engineering vendors and financiers
SpiceJet to issue 48.7 crore shares for ₹3,000 crore QIP
QIP oversubscribed by Tata Mutual Fund, Discovery Fund. SpiceJet's ₹3,000 crore QIP has attracted significant investor interest, and was oversubscribed by key players such as Ta
SpiceJet shares fly high after Rs 3000 crore QIP oversubscribed
SpiceJet shares surged over 8 per cent and registered an intraday high of Rs 74.7 per share. The stock surged after reports said the airline has received a good response for its Rs 3,000 crore-worth sale of shares to qualified institutional buyers.
SpiceJet's 3,000-cr QIP oversubscribed
SpiceJet is now looking at a lifeline with its crucial fundraising exercise learnt to be finding favour with investors. The airline's Rs 3,000-crore QIP has been oversubscribed, say sources. The likely investors include institutional funds like Tata Mutual Fund,
SpiceJet gets good response for share sale; statutory dues at over Rs 600 cr
SpiceJet, with statutory dues exceeding Rs 601 crore, has successfully oversubscribed its Rs 3,000 crore share sale to qualified institutional buyers. The funds will help the airline address financial and legal challenges,
1d
SpiceJet shares slide after Supreme Court directs airline to return three engines to lessors
The Supreme Court has upheld a High Court order that directed SpiceJet to return three engines to lessors for non-payment of ...
2d
SpiceJet gets good response for share sale; statutory dues at over ₹600 cr
SpiceJet oversubscribes ₹3,000 crore share sale to institutional buyers, aiming to clear statutory dues and raise funds.
3d
on MSN
SpiceJet QIP gets huge response, overbooked
According to sources, the QIP was oversubscribed on Day 1 itself. “The total offers received exceed Rs 3,000 crore, ...
ch-aviation
2d
SpiceJet's ₹30bn capital raising oversubscribed - report
"The qualified institutional placement received an overwhelming response from investors and was significantly oversubscribed ...
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