KIMS offers 20 mn fresh shares to institutions in a bid to raise ₹1,500 crore

Mint reported on 10 June that India’s QIP pipeline was set for heavy activity, with listed firms lining up to raise over ₹30,000 crore. These included Premier Energies Ltd, Waaree Energies Ltd, Max Financial Services Ltd, JSW Infrastructure Ltd, AU Small Finance Bank and Sterlite Technologies Ltd.