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Vipul enters into agreement with Edelweiss Commodities Services

24 Aug 2017 Evaluate

Vipul has entered into an agreement with Edelweiss Commodities Services for raising Rs 150 crore through issuance of secured, redeemable, unlisted, Non-Convertible Debentures (NCD). The NCD issued will be for a tenure of 54 months and the proceeds will be utilized for the company’s flagship project ‘Aarohan Residences’, a premium residential project on the Golf Course Road in Gurugram.

Vipul is a leading Real Estate Developer in NCR and is developing properties in Gurugram, Ludhiana, Bawal, Bhubaneshwar and Faridabad.



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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