QIP route sees heavy traffic of listed cos headed for raising fresh capital

Listed companies are increasingly using qualified institutional placements (QIPs) to raise capital. In the first eight months of 2024, 55 companies raised ₹58,400 crore through QIPs. Companies like Vedanta and Adani Energy Solutions have utilized this route for debt repayment and expansion plans. Favorable market conditions make QIPs a preferred fundraising method.