Capital Raise Archives - BW Retail World

Blue Star Launches QIP Offer To Raise Rs 1,000 Cr For Expansion

Leading cooling products manufacturer, Blue Star, has initiated its Qualified Institutions Placement (QIP) offer with a floor price set at Rs 784.55 per equity share, aiming to raise Rs 1,000 crore to support its expansion strategies. The Executive Management Committee at its meeting on Monday to approve the opening of the offering, scheduled for 18 […]

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Reliance General Insurance Gains Financial Strength With Rs 200 Cr Equity Share Issue

by BW Retail World Bureau
July 31, 2023

General insurance player Reliance General Insurance Company (RGICL) has raised the capital of Rs 200 crore by issuing equity shares to Reliance Capital. “With this capital raise, RGICL is reinforcing its commitment to financial strength and readiness to capitalize on emerging opportunities in the insurance sector,” the company said. Rakesh Jain, CEO of Reliance General […]