 "Fundraising via qualified institutional placements (QIPs) has hit a record high this year with favourable valuations and liquidity support prompting big-ticket launches by large corporates.")
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Illustration: Binay Sinha
Fundraising via qualified institutional placements (QIPs) has hit a record high this year with favourable valuations and liquidity support prompting big-ticket launches by large corporates.
QIP is a fundraising mechanism where a company issues new shares to a select group of investors at a discount to the prevailing market rate.
It is the preferred mode for raising follow-up fresh capital in a bull market as it is time efficient and inexpensive.
So far this year, 71 firms have raised Rs 88,678 crore through this route, the highest in a calendar year.
The gains in the equity markets, powered by robust flows
