Bank of Baroda raises Rs 4,500 crore through QIP
The capital raising committee of the board on Wednesday approved the issue and allotment of 55,07,95,593 equity shares to eligible qualified institutional buyers at issue price of Rs 81.70 per share against the floor price of Rs 85.98 apiece, aggregating to Rs 4499,99,99,948.10, the bank said in a regulatory filing.
BANK OF BARODA - 532134 - Announcement under Regulation 30 (LODR)-Allotment
Allotment of 550795593 Equity Shares under QIP Stocks in the news: YES Bank, Ircon, Bank of Baroda, Ion Exchange & Indian Bank
Jhunjhunwala and his firm Rare Investments offloaded shares worth nearly Rs 65 crore in Ion Exchange India, through open market transactions. BANK OF BARODA - 532134 - QIP - Outcome Of Committee Meeting - Placement Document
QIP - Outcome of Committee Meeting - Placement Document BANK OF BARODA - 532134 - QIP - Outcome Of Committee Meeting
QIP - Outcome of Committee Meeting - Issue Closure, Pricing and CAN Bank of Baroda's stress disclosure a warning sign amid bullish calls on banks
In its qualified institutional placement document, Bank of Baroda reported that its special mention accounts (SMA) pile jumped to 21% by December quarter from just 8% in the fourth quarter of FY20 BANK OF BARODA - 532134 - Announcement Under Regulation 30 (LODR)
Announcement under Regulation 30 (LODR) BANK OF BARODA - 532134 - Announcement Under Regulation 30 (LODR)
Announcement under Regulation 30 (LODR) - Bank of Baroda (Trinidad and Tobago) Limited Bank of Baroda launches 4,500 cr share sale
The floor price of the QIP is fixed at 85.98 per share. The floor price is 4.36% discount to its Thursday's closing price.The bank said that the proceeds from the issue will be used to augmenting its tier 1 capital to meet the bassel III and to support growth plans and to enhance business