Oberoi Realty Ltd.

BSE: 533273 | NSE: OBEROIRLTY
Mid Cap | Construction - Real Estate
1672.85
11.55 (0.70%)
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Oberoi Realty rises on raising funds worth Rs 1,200 crore

Date: 21-06-2018

Oberoi Realty is currently trading at Rs. 505.00, up by 2.25 points or 0.45% from its previous closing of Rs. 502.75 on the BSE.

The scrip opened at Rs. 501.00 and has touched a high and low of Rs. 506.25 and Rs. 501.00 respectively. So far 1412 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 609.40 on 24-Apr-2018 and a 52 week low of Rs. 338.65 on 29-Jun-2017.

Last one week high and low of the scrip stood at Rs. 517.90 and Rs. 499.00 respectively. The current market cap of the company is Rs. 17105.76 crore.

The promoters holding in the company stood at 72.49%, while Institutions and Non-Institutions held 25.04% and 2.47% respectively.

Oberoi Realty has raised Rs 1,200 crore by sale of shares to institutional investors. The company had launched its Qualified Institutional Placement (QIP) on June 13 and the issue has been closed on June 19.

The company has issued 2.4 crore shares at Rs 500 per scrip. The issue price is lower than the floor price of Rs 509. 29.

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.