It is reported that Electrosteel Castings is planning to tap the QIP (qualified institutional placement) route to raise up to INR 600 crore through a mix of debt and equity.
Besides a plain equity offering of INR 100 to INR 150 crore, the company intends to issue non-convertible debentures
Electrosteel Castings to raise INR 600 crore through QIP
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