Finance Axis Bank shares jump 3.5% on launch of QIP; floor price fixed at Rs 442 Updated : August 05, 2020 01:18 PM IST The share price of Axis Bank jumped over 3.5 percent on Wednesday after the lender launched a qualified institutional placement (QIP) to raise Rs 10,000 crore. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.