MoneyWorks4Me

Omaxe makes further investment in its subsidiary company

30 Mar 2015 Evaluate

Omaxe has made further investment in its subsidiary company namely Robust Buildwell, by acquiring additional 1,200 Equity Shares of Rs.10 each at a price of Rs. 215 per share aggregating to Rs. 2,58,000 on March 28, 2015 from the existing shareholders of the Company

Omaxe has a land bank of about 4,400 acres in 30 cities across 9 states. The Delhi-based firm is executing 42 real estate projects that include 18 townships, 14 group housing and 10 commercial.

Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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