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Milky Mist Dairy Food has filed for a 2,035 crore IPO, including a 1,785 crore fresh issue. Funds will be used for debt repayment, capacity expansion, and distribution network enhancement. The company focuses exclusively on value-added dairy products.
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State Bank of India (SBI) on Monday said it has raised Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth.
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LIC increased its stake in SBI from 9.21% to 9.49% through participation in SBIs record Rs 25,000 crore QIP. The offering saw overwhelming interest, receiving bids worth Rs 1.10 lakh crore from 120 institutional investors globally.
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News and Media
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