The IOB boss has added that bank may mull over other alternatives like rights issue or qualified institutional placement in order to fill the gap, and it has already obtained key nods for this as well.
What does QIP stand for?
QIP stands for Qualified Institutional Placement (investment option; India)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of QIP
We have 33 other meanings of QIP in our Acronym Attic
- Quantum Infinite-Order Sudden
- Quality Improvement Organization Support Center
- QSL Information Pages
- Quad Inline Package
- Quad Interface Processor
- Quadrilateral Interface Program
- Quadrilateral Interoperability Program
- Quake Imperial Pro (game)
- Quake Info Pool (gaming)
- Qualified Independent Person
Samples in periodicals archive:
65bn qualified institutional placement (QIP) issue was oversubscribed.
The IB report says that cartels are pushing prices before initial public offerings ( IPOs) and Qualified Institutional Placements ( QIPs) for benefit of promoters causing financial losses to retail investors.
Mahindra & Mahindra Financial Services (MMFSL) aims to get $175 million (Rs 925 crore) via a Qualified Institutional Placement (QIP) for boosting the long term resources through increasing the Tier I capital base, according to the company s filing to the Bombay Stock Exchange.
According to it, the manipulating cartels have been using illegal means to buy shares so that the prices rise in the run- up to an IPO or a qualified institutional placement ( QIP).
The bank also said that it was on track to raise primary equity of USD300m to USD400m in 2013, through Global Depository Receipts (GDR) or Qualified Institutional Placements.
The bank could raise the capital either through Global Depository Receipts or Qualified Institutional Placements.
79 lakh crore, with domestic sources like initial public offerings ( IPOs), rights issues, qualified institutional placements ( QIPs), bonds and syndicated loans contributing ` 6.