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Parsvnath Developers to raise Rs 1,000 crore through NCDs

22 Aug 2016 Evaluate

Parsvnath Developers has decided to raise up to Rs 1,000 crore through issuance of non-convertible debentures (NCDs). The company has received its board's approval at the meeting held on August 20, 2016.  In this regard, the company's annual general meeting will be held on August 29, 2016.

Parsvnath Developers has diversified portfolio, which includes, integrated townships, group housing, commercial complexes, hotels, IT parks, among others.

Peers
Company Name CMP
Lodha Developers 1116.00
Prestige EstatesProj 1452.45
Dilip Buildcon 406.90
DLF 664.00
Oberoi Realty 1825.20
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