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Sunteck Realty raises Rs 25 crore via commercial paper

16 Mar 2020 Evaluate

Sunteck Realty has raised Rs 25 crore through Commercial Paper (CP). The tenure of the instrument is 119 days and the coupon/interest will be paid upfront at the rate of 7.95% per annum. The paper will be mature on July 10, 2020.  

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 1167.65
Prestige EstatesProj 1632.45
Dilip Buildcon 397.10
DLF 745.00
Oberoi Realty 1739.90
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