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India: Realty QIPs likely to get delayed

Posted on 18 June 2009

From Dnaindia.com: Despite the surge in qualified institutional placements (QIPs) by real estate developers in recent times, analysts feel many of the issues will be delayed till the stock prices recover.

A QIP is a means whereby a listed company can issue equity shares, fully and partly convertible debentures, or any securities other than warrants which are convertible to equity shares to a qualified institutional buyer………Full Article: Source


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