Mega Share sale: Kotak Mahindra Bank launches Rs 7500 crore QIP
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Mega Share sale: Kotak Mahindra Bank launches Rs 7500 crore QIP Kotak fundraising QIP has been launched at a floor price of Rs 1147.75/- per share. If you get the 5% discount then the price comes to Rs 1090 per share. This will enable the bank to raise anywhere between 7000 to 7400 crores at the upper limit depending on what the discount finally is and what price the shares have been allotted. The promoter will be looking to dilute further and sell some shares in order to comply with RBI norms. Watch the video to know the full story! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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