MoneyWorks4Me

Shriram Properties acquires 100% stake in three companies

25 Jan 2023 Evaluate

Shriram Properties has acquired 100% equity shareholding in three companies namely ‘Shriram Living Spaces’, ‘Shriram Upscale Spaces’ and ‘Shrivision Elevation’ thereby they have become wholly owned subsidiary of the company. The new subsidiary companies will be utilised to launch new projects or to have new JDA. 

Shriram Properties is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories.

Peers
Company Name CMP
Lodha Developers 1076.20
Prestige EstatesProj 1433.10
Dilip Buildcon 393.40
DLF 657.05
Oberoi Realty 1705.45
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