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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Plunkett Research, Ltd.
Provider: Spark Capital Advisors(India) Private Limited

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Axis Bank Ltd Raises INR5,537 Crore (INR55.37 billion) Via Share Sale-Business Standard

Thursday, 31 Jan 2013 09:07am EST 

Business Standard reported that Axis Bank Ltd said it has raised INR5,537 crore (INR55.37 billion) by selling shares to institutional investors and certain promoters. Out of the total funds, the bank raised INR4,726 crore (INR47.26 billion) through qualified institutional placement (QIP). The QIP programme was managed by Citi, JP Morgan and Axis Bank. 

Company Quote

-16.25 -0.81%
6:20am EDT