MoneyWorks4Me

Dilip Buildcon raises Rs 200 crore through NCDs

29 Jun 2020 Evaluate

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.

Peers
Company Name CMP
Lodha Developers 1155.00
Prestige EstatesProj 1477.95
Dilip Buildcon 412.15
DLF 670.70
Oberoi Realty 1836.05
View more..