Rs 200 Crore Of Rs 250 Crore QIP For Andhra Plant, Says Interarch CEO Manish Garg
A ipo & listings development with market-wide reach.
· NDTV Profit
Speaking to NDTV Profit, Garg said the company is currently in the midst of raising Rs 250 crore through a qualified institutional placement (QIP), with the Andhra Pradesh plant being the primary focus of the capital deployment.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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