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MoneyWorks4Me

Omaxe’s arm raises Rs 431 crore via NCDs

28 Jul 2025 Evaluate

Omaxe’s wholly owned subsidiary -- M/s Omaxe New Chandigarh Developers has successfully raised Rs 431 crore by issuance and allotment of 43,100 Unlisted, Senior, Secured, Redeemable Non-Convertible Debentures (NCDs) of face value Rs 1 lakh each through private placement.

Omaxe is one of India’s leading and trusted real estate companies. The company is into the business of developing real estate properties for residential, commercial and retail purposes.

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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