Poonawalla Fincorp Completes ₹2,500 Crore QIP Fundraising at ₹370.75 Per Share
Poonawalla Fincorp has successfully completed its qualified institutions placement, raising ₹2,500 crore through the issuance of 67,430,883 equity shares at ₹370.75 per share, representing a 5% discount to the floor price. The QIP saw strong participation from institutional investors and will support the company's growth opportunities and lending operations expansion.