MoneyWorks4Me

Arihant Superstructures gets nod to raise up to Rs 300 crore

30 Jun 2017 Evaluate

Arihant Superstructures has received an approval for raising funds up to Rs 300 crore including premium if any through issue of securities by way of GDRs/ADRs/FCCBs/QIP. The board of directors at their meeting held on June 29, 2017, has approved for the same.

Arihant Superstructures is a real estate company with dominant presence in the affordable housing segment in the Mumbai MMR and the Jodhpur region.

Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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