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What is qip of hdfc?


Asked By: Ishita Sarna



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Construction Manager Protocols Software Development Life Cycle Vmware Supervising Kanpur India


Mumbai: Mortgage lender Housing Development Finance Corp (HDFC) on Wednesday launched its qualified institutional placement (QIP). HDFC said it has issued 5,68,18,181 equity shares at an issue price of Rs 1,760, aggregating to Rs 10,000 crore. HDFC said it has issued 5,68,18,181 equity shares at an issue price of Rs 1,760, aggregating to Rs 10,000 crore. HDFC QIP closes; GIC, Oppenheimer, T Rowe among biggest investors. Mortgage lender HDFC Ltd has set the floor price at Rs 1,838. HDFC raises Rs 10,000 crore via QIP, shares allotted to Singapore Government, Invesco Oppenheimer.

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