Epic Update : Axis Bank

Axis Bank is likely to launch its qualified institutional placement (QIP) in the next two days to raise Rs 6,000 crore, according to a report. India’s third largest private sector lender will raise the said amount by issuing 4.52 crore shares to institutional investors. This would mean a pre-issue dilution of 10.5 percent to the total shareholding of 4.27 crore shares.

Get Free MCX Tips, Stock Tips, Forex Tips & NCDEX Tips,Commodity Tips, Share Tips, commodity tips free trial, nifty free tips, commodity trading tips, shares tips, Share Market Tips, Stock Market Tips, free stock tips on mobile, Stock trading tips, Intraday Tips.