IDBI Bank Shares Fall 19% Post Listing Of Shares Allotted To QIBs

Shares of private lender IDBI Bank fell as much as 19% to Rs. 30.80 per share on the BSE following listing of 371.8 million equity shares allotted to qualified institutional buyers (QIBs) after its QIP or qualified institutional placement offer. {image-idbibank-1565930554.jpg

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