Vikas Lifecare raised Rs 50 crore via QIP from Forbes EMF, Nomura & AG Dynamic - Shahpur Turk CSC - Common Service Centre in Sonipat Vikas Lifecare raised Rs 50 crore via QIP from Forbes EMF, Nomura & AG Dynamic

09 June 2022

Vikas Lifecare raised Rs 50 crore via QIP from Forbes EMF, Nomura & AG Dynamic

The company board of Vikas Lifecare Limited has approved the issuance and allotment of 12.50 crore equity shares to eligible, qualified institutional buyers (QIBs). The company has informed the bourses about the same. Through this qualified institutional placement (QIP), the diversified listed conglomerate will be launching Rs 50 crore from the investors by alloting the shares at a price of Rs 4 per share, including a premium of Rs 3 a piece.

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