Dilip Buildcon has raised Rs 200 crore through rated, senior, secured, listed, redeemable, non-convertible debentures (NCDs) and allotted 2000 NCDs denominated face value of Rs 10,00,000 in dematerialized form, bearing a coupon rate 8.67%.p.a. to identified investors on private placement basis.
Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.