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Madhu Kela among top investors leading SpiceJet’s Rs 3,000 crore QIP response
Budget carrier SpiceJet, which opened its qualified institutional placement (QIP), received strong investor response, with marquee investors including the family office of Madhu Kela subscribing to the issue, according to sources. The company planned to raise around Rs 3,000 crore through the QIP, but the offers received exceeded the amount, highlighting confidence in the airline’s…
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