BIOCON successfully completed its Qualified Institutions Placement (QIP) on January 14, 2026, allotting 11,26,64,585 equity shares at ₹368.35 per share to qualified institutional buyers. The issue price represented a 5.00% discount to the floor price of ₹387.74, raising approximately ₹4,151 crores for the pharmaceutical company. The QIP opened on January 12, 2026 and closed within two days, demonstrating strong institutional investor interest and efficient execution under SEBI regulations.
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