Qualified institutional placement (QIP) is a capital raising tool available to a listed company, whereby it can issue equity shares, fully and partly convertible debentures, or any securities other than warrants, which are convertible into equity shares, to a Qualified Institutional Buyer (QIB). QIP scores over other methods of raising funds, as it does not involve many of the common procedural requirements, such as the submission of pre-issue filings to the market regulator.