MoneyWorks4Me

Indiabulls Real Estate planning to raise Rs 480 crore via NCDs

22 Jun 2018 Evaluate

Indiabulls Real Estate is planning to raise Rs 480 crore through issue of secured, redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each on private placement basis. The issue will open on June 25 and the amount will be raised in one or more tranches.

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 1102.05
Prestige EstatesProj 1444.95
Dilip Buildcon 408.35
DLF 641.65
Oberoi Realty 1738.80
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