Secondary Issues

Budget airline SpiceJet’s Rs.3,000-Cr QIP oversubscribed

Times of India  

Budget airline SpiceJet’s INR 3,000 crore qualified institutional placement (QIP) issue has been oversubscribed.

Between Dec 2005 and Sep 2024, SpiceJet had raised over USD 209.4 M from Carlyle, Avenue Capital and Goldman Sachs via open market transactions and preferential allotment.

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