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Adani Enterprises Raises ₹42 Billion via Qualified Institutional Placement

The QIP placement was oversubscribed by 4.2 times

October 17, 2024

/ Arjun Joshi
/ Finance and M&A, Other
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Multi-business conglomerate Adani Enterprises has completed a Qualified Institutional Placement (QIP) of equity shares, each with a face value of ₹1 (~$0.012), raising around ₹42 billion (~$500 million).

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Arjun Joshi

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