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Indiabulls Real Estate to raise Rs 75 crore through debentures

06 Jun 2017 Evaluate

Indiabulls Real Estate is planning to raise Rs 75 crore through private placement of debentures. The company has proposed to issue secured redeemable non-convertible debentures of face value of Rs 10 lakh aggregating Rs 75 crore on a private placement basis.

Indiabulls Real Estate is India's third largest real estate company, with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros.

Peers
Company Name CMP
Lodha Developers 1102.05
Prestige EstatesProj 1444.95
Dilip Buildcon 408.35
DLF 641.65
Oberoi Realty 1738.80
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