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.
Gammon Infra QIP oversubscribed
Published on
September 4, 2014 16:05