India: Fundraising through QIPs set for a five-year low in 2016

India: Fundraising through QIPs set for a five-year low in 2016

REUTERS/Danish Siddiqui - RTS8IIZ

Publicly traded Indian companies are set to raise the lowest amount in five years through the so-called qualified institutional placement (QIP) route, with only Rs4,480.5 crore raised so far this year.

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