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Prestige Estates Projects gets nod to raise Rs 350 crore through NCDs

29 May 2018 Evaluate

Prestige Estates Projects has received an approval to raise funds worth Rs 350 crore through issuance of non-convertible debentures (NCDs) on private placement basis. The Board of Directors of the company at their meeting held on May 28, 2018, approved the same.

Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.


Peers
Company Name CMP
Lodha Developers 1188.00
Prestige EstatesProj 1628.00
Dilip Buildcon 400.75
DLF 750.80
Oberoi Realty 1717.35
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