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Indiabulls Real Estate raises Rs 75 crore on private placement basis

09 Jun 2017 Evaluate

Indiabulls Real Estate has raised Rs 75 crore by issuing secured, redeemable, non-convertible debentures (NCDs) of face value of Rs 10 lakh each 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 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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