Sona BLW Precision Forgings raises ₹2400 crore through QIP
Mobility technology company Sona BLW Precision Forgings has completed its ₹2,400 crore Qualified Institutions Placement (QIP). The issue garnered strong interest from institutional investors and sovereign wealth funds, resulting in over 5.5 times subscriptions, underscoring investors’ confidence in the Company’s strategic vision and growth strategies.