Archive · 22 Dec 2025

HFCL Opens QIP Issue at ₹65.84

HFCL Opens QIP Issue at ₹65.84

HFCL, a company that provides telecom services, has decided to raise money by selling new shares to big investors.

They set the minimum price for these new shares at ₹65.84 each.

The company's current shares are trading at ₹63.96, which is a bit lower than yesterday.

This process is called a QIP, which stands for Qualified Institutional Placement.

It's a way for companies to get money quickly from big investors without going through a long process of selling shares to the public.

Sources