Question

    QIP stands for

    A Quarried Institutional Placement Correct Answer Incorrect Answer
    B Qualified Institutional Placement Correct Answer Incorrect Answer
    C Qualitative Institutional Placement Correct Answer Incorrect Answer
    D Quantitative Institutional Placement Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Qualified institutional placement (QIP) is a capital raising tool, primarily used in India and other parts of Southern Asia, whereby a listed company can issue equity shares, fully and partly convertible debentures or any securities other than warrants which are convertible to equity shares to a qualified institutional buyer. 

    Practice Next