Prestige Estates Projects has raised Rs 462.64 crore through sale of shares to institutional investors. The fund raising committee of the company's board has approved the allotment of around 1.24 crore equity shares at Rs 372.50 apiece. The issue opened on January 30, 2020, and closed on February 4, 2020.
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.
