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Omaxe gets nod to raise Rs 600 crore via various means

01 Jun 2011 Evaluate

Omaxe has received its board’s approval to raise funds upto Rs 600 crore by various means including issuance of further securities to persons other than the existing equity shareholders.

The company’s board gave the approval at its meeting held on May 30, 2011.

Omaxe started operations as a civil construction and contracting company and has executed over 120 prestigious industrial, institutional, commercial, residential and hospital construction projects. In the year 2001, the company entered the real estate development business. Today it is among the large real estate development companies in India.

Omaxe Share Price

89.33 1.91 (2.18%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 965.60
Dilip Buildcon 478.50
DLF 608.40
Oberoi Realty 1703.85
Ahluwalia Contract(I 847.50
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