MoneyWorks4Me

Sunteck Realty has raised Rs 25 crore through issuance of Commercial Paper (CP). The tenure of the instrument is 119 days and date of maturity is June 28, 2019. The coupon offered is 9.25% per annum (p.a.). The Credit rating agency, CARE Ratings has assigned ‘A1+’ rating to the instrument.

Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.

Peers
Company Name CMP
Lodha Developers 1172.00
Prestige EstatesProj 1543.95
Dilip Buildcon 407.65
DLF 655.00
Oberoi Realty 1785.00
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