MoneyWorks4Me

Vipul gets nod to raise Rs 750 crore via NCDs

16 Aug 2018 Evaluate

Vipul has received approval to raise funds through issuance of Non-Convertible Debentures (NCDs) to the tune of Rs 750 crore on private placement basis in one or more tranches/ series on private placement basis. The Board of directors of the company at their meeting held on August 14, 2018, approved the same.

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 1099.10
Prestige EstatesProj 1430.05
Dilip Buildcon 408.40
DLF 629.80
Oberoi Realty 1710.00
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