Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

December 9, 2024

Torrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue received bids of about Rs 14,000 crore against the base issue size of Rs 3,500 crore, a company statement said.

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