DECEMBER 28, 2024

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Qualified institutional placements (QIPs) allow listed companies to raise funds by issuing equities or other securities to large investors like mutual funds, insurance firms and pension funds.

The securities are issued at the floor price, which is based on the average weekly high and low closing prices over the 2 weeks before the QIP.

2024 has been a milestone year for QIP funding, with Indian companies raising over ₹1.21 lakh crore till November. Let's look at some of the largest QIPs of 2024!

6. Godrej Properties

QIP size: ₹6,000 crore Floor price: ₹2,727.44 per share

5. Samvardhana Motherson

QIP size: ₹6,483 crore Floor price: ₹188.85 per share

4. Varun Beverages

QIP size: ₹7,500 crore Floor price: ₹594.56 per share

3. Adani Energy Solutions

QIP size: ₹7,500 crore Floor price: ₹1,027.11 per share

2. Vedanta

QIP size: ₹8,500 crore Floor price: ₹461.26 per share

1. Zomato

QIP size: ₹8,500 crore Floor price: ₹ 265.91 per share

As of December 28, a record 88 companies have sought funding through QIPs in 2024!

Upcoming demergers in 2025: ITC to Siemens

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