Question
In the context of the Indian Renewable Energy
Development Agency Limited (IREDA) receiving approval from the Department of Investment and Public Asset Management (DIPAM) to raise ₹4500 crore through fresh equity through QIP route, what does the term "Qualified Institutions Placement (QIP)" refer to?Solution
Qualified Institutions Placement (QIP) is a mechanism in India used by publicly listed companies to raise capital by selling shares or convertible securities to qualified institutional buyers (QIBs). It allows companies to bypass complex procedures and regulatory hurdles that are generally associated with public offerings such as IPOs. The main advantage of QIP is the simplified process, which enables quicker capital raising while maintaining compliance with regulations. This method is especially useful for companies like IREDA, which aim to raise large amounts of capital to scale up operations—in this case, to support renewable energy financing.
In an election between two candidates Abhay and Bharti, Abhay got 55% of the total valid votes, 20% of the total votes were invalid. If the total number...
Anil goes to an electronics store with some money. He can buy 25 headphones or 50 earphones with the money with him. However, instead of spending the en...
P gave 70% of the amount he had to Q. Q gave 2/5th of that amount to R. After paying Rs.260 to the shopkeeper out of the amount he gets from ...
The weight of two persons Vishwas and Vivek are in the ratio 5:7. If the weights are increased in such a way that Vivek’s weight is increased by 2...
In an election between two candidates 'M' and 'N', 'M' got 68% of the votes and won by 8,820 votes. Find the number of votes received by 'N'.
A and B together have total of Rs.4200 out of which they donated 10% to the orphanage school. The remaining amount is to be then redistributed between t...
Monthly income of Ankit and Bhaskar is Rs. (x + 160) and Rs. x, respectively. If monthly income of Ankit is increased by 24% while that of Bhaskar is de...
Suyash have total amount of Rs.2800 out of which, he spent 25% on food, 30% of the rest on travelling. Out of remaining amount he spends Rs.800 on misce...
Divya saves 45.5% of her total salary. Express the part of her savings in decimal form.
- Ravi scored 50% more in Economics than in Accountancy. If the average of his marks in Economics, Accountancy, and Business Studies is 88 and his marks in B...