India: Cable maker KEI Industries to raise $84.7m via QIP route

India: Cable maker KEI Industries to raise $84.7m via QIP route

Indian hundred rupee notes rolled in a bundle. Photo: Rupixen/Unsplash

KEI Industries Ltd, a housing wire and cable maker, is looking to raise 600 crore by selling shares to qualified institutional buyers, two people aware of the development said, requesting anonymity.