IDFC First Bank sets QIP floor price at ₹94.95/share
1 year, 2 months ago

IDFC First Bank sets QIP floor price at ₹94.95/share

Live Mint  

Mumbai: Private sector lender IDFC First Bank has set the floor price of its qualified institutional placement, which opened 3 October, at ₹94.95 per share. Last month, Mint had reported that Rajiv Jain-led US-based boutique investment manager GQG Partners Llc acquired an additional 5.1 crore, or 0.76% stake, in private lender IDFC First Bank Ltd from V. Vaidyanathan, MD & CEO of the bank, for ₹478.7 crore through block deal on the exchange. GQG Partners increased its stake in IDFC First Bank to 3.36% with the additional purchase of 5.1 crore shares. GQG Partners increased its stake in IDFC First Bank to 3.36% with an additional purchase of 5.1 crore shares.

Price Crore Idfc Idfc First Bank Gqg Partners Qip Floor Bank Sets  idfc  qip  floor  issue  stake  price  shares  bank  sets  partners  crore  private  9495share

History of this topic

IDFC First Bank Q1 Results: Net profit drops 11% to ₹680.7 crore, NII up 25% YoY; Asset quality stable
4 months, 3 weeks ago

IDFC First Bank Q1 Results: Net profit drops 11% to ₹680.7 crore, NII up 25% YoY; Asset quality stable

Live Mint  

IDFC First Bank Q1 Results: The private lender's NII rose 25.4 per cent to ₹ 4,695 crore in the first quarter of the current fiscal year, compared to ₹ 3,745 crore in the year-ago period. IDFC First Bank Q1 Results: IDFC First Bank announced its announced its April-June quarter results for fiscal 2024-25 on Saturday, July 27, reporting a drop …

IDFC First Bank shares fall over 5% today after Q4 net profit dips
7 months, 3 weeks ago

IDFC First Bank shares fall over 5% today after Q4 net profit dips

Hindustan Times  

IDFC First Bank share price: The shares of IDFC First Bank fell today declining as much as 5.64% to ₹80.05 apiece on the BSE after the private lender announced its financial results for the fourth quarter of FY24. IDFC first bank share price: IDFC first bank announced its financial results for the fourth quarter of FY24. IDFC First Bank’s net …

Karnataka Bank approves allotment of equity share capital of ₹600 crore under QIP
8 months, 3 weeks ago

Karnataka Bank approves allotment of equity share capital of ₹600 crore under QIP

The Hindu  

The Committee of Directors of Karnataka Bank, in its meeting held on March 28, approved the allotment of shares pursuant to the Qualified Institutional Placement, at a price of ₹227.00 per equity share, amounting to an aggregate of up to ₹600 crores. This capital raise, comprising the QIP of ₹600 crores, with the preferential issues of ₹800 crores in October …

IDFC First Bank shares fall 3.5% as Warburg likely exits block deal: Details here
8 months, 3 weeks ago

IDFC First Bank shares fall 3.5% as Warburg likely exits block deal: Details here

Hindustan Times  

IDFC First Bank share price: Shares of IDFC First Bank fell 3.5 per cent on March 28 after it was reported that a block deal valued at ₹1,386 crore took place on the exchange in which around 18.3 crore shares, representing a 2.6 percent stake, in IDFC First Bank changed hands. IDFC First Bank share price today: IDFC First Bank …

Stocks to Watch: HDFC Bank, Maruti Suzuki, Bajaj Finserv, Vedanta, ICICI Bank
1 year, 2 months ago

Stocks to Watch: HDFC Bank, Maruti Suzuki, Bajaj Finserv, Vedanta, ICICI Bank

Live Mint  

Here are the top stocks that could be in focus in today's trade: HDFC Bank: HDFC Bank Ltd. is revamping some parts of top management as the Indian bank seeks to propel its mortgage business. It received the show cause cum demand notice from the Directorate of GST Intelligence for the non-payment of GST on co-insurance and re-insurance premiums, said …

IDFC First Bank garners 24.5% YoY growth in loans and advances, deposits up 44%
1 year, 5 months ago

IDFC First Bank garners 24.5% YoY growth in loans and advances, deposits up 44%

Live Mint  

Mumbai-headquartered private sector lender, IDFC First Bank on Wednesday announced its provisional data for the first quarter of FY24. As per the regulatory filing, IDFC First Bank's loans and advances stood at ₹1,71,420 crore in June 2023 quarter, rising by 24.5% from ₹1,37,663 crore in Q1FY23. According to IDFC First Bank, excluding the outflow of one large government banking current …

IDFC shares rise 6%, IDFC First Bank shares fall 6% after board approves merger
1 year, 5 months ago

IDFC shares rise 6%, IDFC First Bank shares fall 6% after board approves merger

Live Mint  

Shares of IDFC rose 6 per cent to hit their fresh 52-week high of ₹115.70 while those of IDFC First Bank declined 6 per cent in morning trade on BSE on Tuesday a day after the board of IDFC First Bank approved its merger with IDFC. IDFC First Bank share price opened flat at ₹81.94 against the previous close of …

IDFC First Bank share hits 52-week high on second day in a row. Buy or sell?
1 year, 6 months ago

IDFC First Bank share hits 52-week high on second day in a row. Buy or sell?

Live Mint  

IDFC First Bank shares have been in uptrend after announcement of fourth quarter results ahead of ushering in May 2023. After announcement of IDFC First Bank results, share price of the private lender has surged from around ₹61.50 to ₹70.80 apiece levels, logging around 15 per cent in less than one month time. IDFC First Bank share price today opened …

Bank of India approves Rs 3,000 crore QIP, sets floor price at Rs 66.19 per share
3 years, 3 months ago

Bank of India approves Rs 3,000 crore QIP, sets floor price at Rs 66.19 per share

India TV News  

State-owned Bank of India on Wednesday approved the launch of QIP, aimed at raising Rs 3,000 crore equity capital to fund business growth and meet regulatory compliance. The capital issue committee of the bank at its meeting approved and adopted the preliminary placement document cum application form for the issue and authorised the opening of the issue on Wednesday, Bank …

Central Bank of India Closes Rs 255-Cr QIP, Issue Price Fixed at Rs 15.38 per Share
4 years, 2 months ago

Central Bank of India Closes Rs 255-Cr QIP, Issue Price Fixed at Rs 15.38 per Share

News 18  

New Delhi: Public sector Central Bank of India on Friday said it has closed its Rs 255-crore qualified institutional placement programme and fixed the issue price at Rs 15.38 per share. The committee “determined and approved the issue price of Rs 15.38 per equity share, which is at a discount of 4.94 per cent to the floor price of Rs …

ICICI Bank closes QIP; garners Rs 15,000 cr from share sale
4 years, 4 months ago

ICICI Bank closes QIP; garners Rs 15,000 cr from share sale

India TV News  

The country’s second largest private sector lender ICICI Bank on Saturday said it has completed the allotment of equity shares under its qualified institutional placement and raised approximately Rs 15,000 crore to fund its business growth and meet regulatory capital requirement. "The issue price represents a 1.9 per cent premium to the floor price determined based on the pricing formula …

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