The price per share has been fixed at Rs 234.55 per share of face value of Rs.10 each for the QIP offering. The US$253mn amount raised represents 13.39% of the post-offer equity capital of the Bank.
Speaking on the occasion, Romesh Sobti, Managing Director & CEO, IndusInd Bank, said, “This second QIP offering has made the Bank well capitalised and it will now meet our major growth aspirations. The response from institutional investors was encouraging.
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