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JM Financial announces closure of QIP issue

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Capital Market

Issue price fixed at Rs 70 per share

JM Financial announced the closure of the QIP issue on 12 June 2020. The issue price has been fixed at Rs 70 per share (including a premium of Rs 69 per equity share), for the equity shares to be allotted to the eligible qualified institutional buyers in the issue.

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First Published: Jun 12 2020 | 5:39 PM IST

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