Shakti Pumps raises Rs 200 crore through QIP

Shakti Pumps (India) on Friday said that it has raised an amount of Rs 200 crore through qualified institutional placement route. The Qualified Institutional Placement (QIP) issue garnered significant interest from qualified domestic institutional investors and was fully subscribed by two large Mutual Funds – LIC Mutual Fund and SBI Mutual Fund, the solar pumps … Read more