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MoneyWorks4Me

Omaxe’s arm raises Rs 40 crore through NCDs

20 Apr 2026 Evaluate

Omaxe’s step-wholly owned subsidiary – M/s Secure Properties has successfully raised Rs 40 crore through private placement by way of issuance and allotment of 400 Unlisted, Unrated, Senior, Secured, Redeemable, Non-Convertible Debentures (NCDs) having a face value of Rs 10 lakh each.

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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