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SpiceJet gets good response for share sale
SpiceJet’s Share Sale Said to Lure Tata Mutual Fund Among Others
SpiceJet Ltd.’s $358 million share sale attracted bids from several large investors including Tata Mutual Fund, people familiar with the matter said, providing a lifeline to the Indian airline that has furloughed staff and delayed tax payments.
SpiceJet gets good response for share sale; statutory dues at over ₹600 cr
SpiceJet oversubscribes ₹3,000 crore share sale to institutional buyers, aiming to clear statutory dues and raise funds.
SpiceJet shares fly high after Rs 3000 crore QIP oversubscribed
SpiceJet shares surged over 8 per cent and registered an intraday high of Rs 74.7 per share. The stock surged after reports said the airline has received a good response for its Rs 3,000 crore-worth sale of shares to qualified institutional buyers.
SpiceJet share sale gets good response
SpiceJet, which has statutory dues of more than Rs 601 crore, has received a good response for its Rs 3,000 crore-worth sale of shares to qualified institutional buyers. PTI
SpiceJet gets good response for share sale; statutory dues at over Rs 600 crore
New Delhi: SpiceJet, which has statutory dues of more than Rs 601 crore, has received a good response for its Rs 3,000 crore-worth sale of shares to qualified institutional buyers. Operating with a reduced fleet as well as facing financial and legal headwinds, the carrier is looking to raise funds.
SpiceJet gets good response for share sale; statutory dues at over Rs 600 cr
SpiceJet, with statutory dues exceeding Rs 601 crore, has successfully oversubscribed its Rs 3,000 crore share sale to qualified institutional buyers. The funds will help the airline address financial and legal challenges,
7h
on MSN
Back from the brink: SpiceJet looks at another lifeline
SpiceJet has secured Rs 3,000 crore in funding through an oversubscribed QIP, giving the struggling airline another chance at ...
ch-aviation
11h
SpiceJet's ₹30bn capital raising oversubscribed - report
"The qualified institutional placement received an overwhelming response from investors and was significantly oversubscribed ...
1d
SpiceJet's Big Reveal: Airline Hasn't Paid Rs 355 Crore In PF And Tax Dues
SpiceJet has not paid Rs 135.3 crore in Provident Fund payments to employees for periods from April 2020 to August 2023, the ...
19h
on MSN
SpiceJet's 3,000-cr QIP oversubscribed
SpiceJet is now looking at a lifeline with its crucial fundraising exercise learnt to be finding favour with investors. The ...
ndtvprofit
1d
SpiceJet's QIP Draws Investment From Madhusudan Kela Among Top Investors
The development comes as SpiceJet seeks to enhance its financial stability and competitiveness in the Indian aviation market.
Fortune India
2d
SpiceJet shares fall 6% on profit booking; airline launches ₹3,000 cr QIP
Budget airline has not officially announced the QIP size yet but said its board has approved raising of up to ₹3,000 crore ...
16h
on MSN
SpiceJet QIP gets huge response, overbooked
According to sources, the QIP was oversubscribed on Day 1 itself. “The total offers received exceed Rs 3,000 crore, ...
16h
on MSN
Stocks in news: NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, Power Grid
Domestic markets experienced another session of volatility, closing flat in accordance with global trends as the US Fed ...
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