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MoneyWorks4Me

Vipul to raise funds up to Rs 750 crore through NCDs

01 Jun 2015 Evaluate

Vipul has received an approval for issuance of Non-Convertible Debentures (NCDs) to the tune of Rs 750 crore, in one or more series and/or tranches, subject to approval of shareholders. The board of directors at their meeting held on May 30, 2015 has approved for the same.

Vipul, a synonym for happy buildings was established in 2001 and is a company constantly spreading happiness over the years through its landmark developments. The company develops Integrated Townships, High-End Luxury Apartments, Independent Floors, Lavish Villas, Retail & Commercial Towers, Hotels and SEZ.



Peers
Company Name CMP
Lodha Developers 1039.50
Prestige EstatesProj 1432.80
Dilip Buildcon 379.00
DLF 694.35
Oberoi Realty 1655.00
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