MoneyWorks4Me

Mumbai based real estate developer Poddar Developers has raised Rs 125 crore through selling shares to investors through qualified institutional placement (QIP). Goldman Sachs, ICICI Pru and IDFC Capital are the lead investors in the issue. Poddar will issue shares at Rs 1,125.21 per share. Equirus Capital was lead manager to the QIP.

The company is engaged in the manufacturing Color & Additive Masterbatches for dope dyeing of man- made fibres, various plastic applications and engg. plastics & compounds

 

Peers
Company Name CMP
Lodha Developers 963.00
Prestige EstatesProj 1400.00
Dilip Buildcon 358.95
DLF 653.55
Oberoi Realty 1583.00
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