Bank of India QIP subscribed 4.11 times; lender raises Rs 4,500 crore
Bank of India received an overwhelming response for its qualified institutional placement of shares, which was subscribed 4.11 times. The QIP included a base size of Rs 2,250 crore, with a greenshoe option of another Rs 2,250 crore in case of an oversubscription. The lender received a total 104 bids aggregating up to Rs 18,483 … Read more