US, European funds buy majority of RCom's over Rs 4,800 cr QIP
US and European institutional investors bought a majority of shares in the over Rs 4,800-crore QIP offering by telecom operator Reliance Communications.
Jul 02, 2014, 21:19 PM IST
RCom raises Rs 4,800 cr in the biggest fund-raising by a pvt co
The company, which opened the qualified institutional placement (QIP) at a price of Rs 142.13 a share, got total bids of more than Rs 12,000 crore, of which it retained Rs 4,800 crore, sources said.
Jun 25, 2014, 11:31 AM IST