Kotak's Savla talks about Indian QIPs
Kotak Investment Banking recently closed the first sizeable qualified institutional placement in India. Chetan Savla, head of equity product group, discusses why he is bullish on the product.
In a guideline change that occurred in the middle of this year the Securities and Exchange Board of India SEBI allowed Indian companies to raise money through qualified institutional placements QIPs. Chetan Savla, head of equity product group at Kotak Investment Banking, discusses why he is bullish on the product.
What are QIPs and what advantages do they offer over ADRsGDRs
QIPs are essentially structured as follow on offerings to only qualified institutional...
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