Godrej Properties Reduces Net Debt to Rs. 4 Billion, Achieves Comfortable Debt-Equity Ratio
Embassy Property Developers plans to raise $513 million through an IPO, according to their filed prospectus. Pre-IPO placement and retail investor discounts are also being considered.
Embassy Developers plans to raise over 513 million US Dollars through an IPO, with pre-IPO placements and potential discounts for retail investors, according to their prospectus.
Several major Indian real estate developers, including Emaar MGF and Godrej Properties, plan IPOs in the current year, signaling a potential recovery for the industry.
Unitech, Indiabulls, and DLF postpone REIT listings on SGX due to market conditions, opting for private placements and domestic funding.
Suncity Projects plans to invest ₹15,000 crore in developing 'Jewel of India' mega-malls across six cities, featuring unique ethnic product spaces.