Business Standard

Friday, December 20, 2024 | 04:53 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Canara Bank announces closure of QIP issue

Image

Capital Market

Issue price set at Rs 149.35 per share

Canara Bank announced the closure of the QIP issue. The approved issue price is Rs 149.35 per equity share (including a premium of Rs 139.35 per share), which is at a discount of Rs 6.23 per equity share to the floor price of Rs 155.58 per share for an aggregate amount of Rs 2800 crore to be allotted to qualified institutional buyers pursuant to the QIP issue.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 23 2021 | 7:50 PM IST

Explore News