India: JM Financial's QIP sees strong demand, raises $102m

India: JM Financial's QIP sees strong demand, raises $102m

Photo: Livemint

Financial services firm JM Financial Ltd has raised $100 million (Rs650 crore) through a qualified institutional placement (QIP) offering which opened on Tuesday, two people aware of the development said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter