News > SpiceJet QIP: Board approves issue of 48.7 cr shares at Rs 61.60 apiece

SpiceJet QIP: Board approves issue of 48.7 cr shares at Rs 61.60 apiece

The Qualified Institutional Placement has attracted strong participation and is part of SpiceJet's efforts to strengthen its balance sheet and address the ongoing financial challenges. Key investors include Societe Generale, Morgan Stanley Asia (Singapore), ITI Funds, Goldman Sachs (Singapore), BNP Paribas, Nomura Singapore, Jupiter Global Fund, Tata Mutual Fund, Bandhan Mutual Fund, 360 One, Capri Global, White Oak, and BofA Securities.