IFLR1000

JM Financial Re650 million QIP issue

2/2/2018
Share offer, Qualified institutional placement (QIP)
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Re 650 million

$ 10.1 million

Completed

2/2/2018

Overview:

  • JM Financial has undertaken a Re650 million QIP issue.
  • Approximately 40 million equity shares have been issued, valued at Re162 each.

Katrin Kostadinova - Data analyst 

Jurisdiction:

India

Deal types:

Share offer
Qualified institutional placement (QIP)

Practice area:

Capital markets : Equity

Governing law:

India

Industry sector:

Financial services

Firm:
AZB & Partners

Party: JM Financial (Issuer)

Lawyers: Lionel D'Almeida, Varoon Chandra

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