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The ₹510-crore initial public offering of Easy Trip Planners has been subscribed 159.30 times on the last day of the issue on Wednesday. The IPO received bids for over 240.23 crore shares as against about 1.51 crore shares on offer, as per data available with BSE till 6.30 pm. The IPO hit the market at a price range of ₹186-187 a share. The category meant for qualified institutional buyers (QIBs) was subscribed 77.53 times, while those for non-institutional investors 382.21 times and retail individual investors 70.26 times. As the IPO is an offer-for-sale from its founder promoters, Nishant Pitti and Rikant Pittie, the entire fund raisedwill go to them. ....
QIB showed leadership in providing digital banking services 24 Feb 2021 - 8:43 Chairman of QIB, Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani The Peninsula Doha: QIB’s advanced digital channels played a key role in achieving business continuity, smoothly and effectively, said Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani, Chairman of QIB. Addressing shareholders at the AGM which was held virtually on Monday, the Chairman said that QIB took a proactive response to the economic implications of the pandemic by postponing financial installments for SME’s and individual customers, as well as for all affected sectors, taking part in the COVID-19 National Guarantee Program, devised by Qatar and Qatar Central Bank. ....
(MENAFN - Gulf Times) Qatar Islamic Bank (QIB) has announced that the general assembly meeting will be held virtually on Zoom, following the preventative measures adopted by the State of Qatar to limit the spread of Covid-19 recently announced. Shareholders are invited to attend the bank s annual ordinary general assembly meeting electronically on Monday, February 22, 2021 at 4.30pm, where the board will discuss the meeting s agenda. If a quorum is not met, the alternative virtual meeting will be held on Tuesday, March 2, 2021. The key points in the agenda include board of director s report on the results of the bank and financial statements for year ended December 31, 2020 and discussion of the plan for 2021, discussion and approval of the bank s balance sheet and profit and loss for the year ended December 31, 2020, approval of the board of directors proposal to distribute 40% cash dividends of the nominal value per share, ie QR0.40 per share, increase the limit for ....
Shares of IDFC First Bank hit a fresh 52-week high of Rs 63.05, up 9 per cent in the intra-day trade, on the BSE on Friday after the bank s board approved raising up to Rs 3,000 crore. The Board at its meeting held on Thursday, February 18, noted the significant opportunities for growth of the Bank based on the strong capabilities the Bank has built and the strong outlook for economic recovery in India, and has approved raising of funds for an amount aggregating up to Rs 3,000 crore, in one or more tranches, it said in an exchange filing. Fund raising has been approved by way of issuance of securities, through one or more permissible mode(s), including but not limited to a private placement, qualified institutions placement, follow-on public offering or a combination thereof, subject to shareholders’ approval, IDFC First Bank said in a regulatory filing. ....
RailTel IPO Subscribed 42 Times On Last Day by Arun Kumar Das - Feb 19, 2021 04:48 AM RailTel IPO. Snapshot The demand for IPO was led by qualified institutional buyers, whose allotted shares in the issue were subscribed 65.1 times at the end of the bidding process. The Rs 820-crore RailTel Corporation initial public offer (IPO) was subscribed 42.4 times on the final day of the bidding process. RailTel, one of the largest neutral telecom infrastructure providers in the country, received bids of 2,594,243,370 shares against the offered 61,157,360 equity shares. The total size of the offer is Rs 819.24 crore at the upper price band of Rs 94 per share. ....