Bank of Maharashtra shares in focus as it launches QIP to raise Rs 3,500 crore
- Posted on October 1, 2024
- By Business News Today
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Bank of Maharashtra shares in focus as it launches QIP to raise Rs 3,500 crore
The bank may offer up to a 5% discount on the floor price. It aims to raise Rs 1,750 crore through the base issue, with an additional Rs 1,750 crore via a greenshoe option, potentially selling up to 61 crore shares (8.6% stake) through the QIP.
