Borosil and Happiest Minds Technologies are conducting Qualified Institutional Placements (QIPs) to raise funds. Borosil sets a floor price at ₹331.75/share to raise up to ₹250 crore, while Happiest Minds' promoter Ashok Soota plans to sell a 6% stake valued at ₹754 crore. Borosil aims to utilize the proceeds for loan repayment and working capital. Happiest Minds' deal is at a 10% discount to the last closing price, facilitated by Kotak Securities. Borosil's indicative price band for the QIP is ₹316-320/share, with an equity dilution of 4.09-4.14% at a discount to the NSE closing price. Borosil's stock surged 4% post the launch of the QIP issue, with the company expected to become debt-free after the ₹150 crore QIP.