Bank of India to raise ₹4,500 crore via QIP; floor price set at ₹105.4 per share
The determination of the issue price will be a joint effort between the bank and the book running lead managers appointed for the QIP Issue, according to bank's exchange filing.
State-run Bank of India on Tuesday, December 5, announced the launch of a qualified institutional placement (QIP), set at a floor price of ₹105.42 per equity share. This is the bank's first Q1P launch since 2021.
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