Poonawalla Fincorp likely to launch ₹5,000 crore QIP with upsize option: Sources
Non-banking finance company Poonawalla Fincorp Ltd is likely to launch a qualified institutional placement (QIP) to raise funds of up to ₹5,000 crore, according to sources close to the development. The proposed issue is expected to include both a base issue and an upsized option. The base size is likely to be around ₹2,500 crore,…
