The QIP, which opened on Wednesday, drew interest from several marquee domestic mutual funds and foreign institutional investors, the people cited above said. The company launched the issue at a floor price of Rs 1,169.70 per share, 10% lower than its share price of Rs 1,298 on Wednesday.

Under the preferential issue, the India-Japan Fund will subscribe to Rs 200 crore worth of equity shares, while Hero MotoCorp will invest Rs 960 crore through convertible…

The QIP, which opened on Wednesday, drew interest from several marquee domestic mutual funds and foreign institutional investors, the people cited above said. The company launched…

The QIP, which opened on Wednesday, drew interest from several marquee domestic mutual funds and foreign institutional investors, the people cited above said. The company launched…