Info Edge to raise Rs 1875 Cr from qualified institutional buyers
Shortpedia
Content Team
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Info Edge India Limited, which operates online job platform Naukri.com, has approved to raise Rs 1875 crore via qualified institutional placement offering or QIP. The sum mentioned above will be raised from qualified institutional buyers or QIB as a part of InfoEdge’s growth strategy and to augment the long-term resources of the company. The company would create, issue, offer and allot the equity shares of Info Edge at face value of Rs 10.
