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.
Unitech plans to raise $300-500 million through convertible debt to repay Rs 2,700 crore debt, already seeking $200 million from residential projects.
Unitech Ltd seeks to raise up to Rs 5,000 crore through securities issuance, alongside increasing share capital to Rs 1,000 crore amid an ongoing debt reduction strategy.