MoneyWorks4Me

Ashiana Housing gains on raising Rs 100 crore on private placement basis

27 Apr 2018 Evaluate

Ashiana Housing is currently trading at Rs. 160.00, up by 1.35 points or 0.85% from its previous closing of Rs. 158.65 on the BSE.

The scrip opened at Rs. 158.05 and has touched a high and low of Rs. 160.50 and Rs. 158.05 respectively.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 241.90 on 03-May-2017 and a 52 week low of Rs. 151.00 on 28-Mar-2018.

Last one week high and low of the scrip stood at Rs. 163.80 and Rs. 158.05 respectively. The current market cap of the company is Rs. 1637.63 crore.

The promoters holding in the company stood at 61.04%, while Institutions and Non-Institutions held 9.64% and 29.32% respectively.

Ashiana Housing’s board has allotted 1000 Secured Non-Convertible Debentures (NCDs) on Private Placement basis for an amount of Rs 100 crore. Tenor of the issue is 5 years. The Executive Committee of Directors of the company at its meeting held on April 26, 2018, has allotted 10.15% Secured, Rated, Listed Reedemable NCDs.

Ashiana Housing is a real estate development company. It is engaged in building residential and commercial projects. The firm also offers retirement resorts, group housing, hotels, retail and facility management.

Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
View more..