IDBI Bank raises QIP issue of Rs 2000 cr

IDBI Bank announced that the QIP issue for Rs. 2000 crore (Base size Rs. 1000 crore and Green shoe option of Rs. 1000 crore) has been subscribed by 44 (Forty Four) QIBs aggregating to Rs. 1435.18 crore at the issue price of Rs. 38.60 per equity share and involving issue of 37,18,08,177 equity shares to the subscribers.

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