November 19, 2024

Wire & Cable India

Tag : qualified institutional placement

News

STL Raises INR 1000 Crore via QIP; Boosts Confidence of Investors

wirecable
STL raised INR 1000 crore through a QIP route planned to be utilized towards strengthening their balance sheet. Apr 17, 2024 STL, a leading optical and digital solutions company has announced that it has raised INR 1000 crore via Qualified Institutional Placement (QIP) route. Showcasing confidence in STL, the entire......
News

HFCL Wins Order of INR 97 crore for Optical Fibre Cables

desk3
In December 2021, HFCL Ltd. attained funds of INR 600 crore via a Qualified Institutional Placement (QIP) issue. September 5, 2022 HFCL Ltd. and its subsidiary HTL Ltd., have bagged orders of about INR 97 crore from a leading Indian telecom operator. As published in a news daily – the......
News

HFCL Raises INR 600 crore through QIP Issue

desk3
The telecom company is planning to use the QIP proceeds for setting up new manufacturing facilities, capacity expansions, R&D, and product development. December 15, 2021 Indian telecom gear and equipment manufacturer HFCL Limited (HFCL) has raised INR 600 crore through a QIP (qualified institutional placement) issue. The QIP received responses......