The $43-million (about ₹260 crore) qualified institutional placement by Gammon Infrastructure Projects closed on Thursday with the base issue being subscribed 1.3 times. The QIP was subscribed to by funds spread across the Asia-Pacific region and India. IDFC Securities was the book-running lead manager to the issue.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.