HDIL QIP PDF
Housing Development and Infrastructure Ltd (HDIL) said on Thursday $ million (Rs crore) via qualified institutional placements (QIP). HDIL said it has raised $ million through sale of shares to qualified institutional investors. HDIL is planning to raise around Rs crore and Sobha Developers Rs crore through QIPs.
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HDIL raises $250 million through QIP
Choose your reason below and click on the Report button. My Saved Articles Sign in Sign up. It is believed that Indiabulls will use the funding for its projects in Mumbai. Foul language Slanderous Inciting hatred against a certain community Others.
Liquidity at least looks better now and some companies are considering the QIP route,” said a Mumbai-based real estate consultant. The real estate sector has been facing a liquidity crunch for some time now but the situation has improved post the election results and many industry players are encouraged by the response Indiabulls and Unitech have received.
HDIL to raise funds via QIP, pref allotment to promoters
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According to a market source, Sobha Developers too is looking at raising around Rs crore. Meanwhile, real estate stocks have witnessed a healthy rise since Monday. qkp
Besides, the promoters of country’s largest realty firm DLF had last week sold 9. The promoter’s stake after the QIP has come down in both the cases. To see your saved stories, click on link hightlighted in bold. Hdol and Parsvnath rose by Get instant notifications from Economic Times Allow Not now. This will alert our moderators to take action Name Reason for reporting: This will alert our moderators to take action.
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The board on May 23 would consider qil for fund raising through various means like QIP to Qualified Institutional Buyers, preferential allotment to the promoters and any such manner or way the board may deem fit,” HDIL said in a filing to the Bombay Stock Exchange. Will be hdip Will not be displayed Will be displayed. Choose your reason below and click on the Report button. Never miss a great news story!
HDIL to raise funds via QIP, pref allotment to promoters – The Economic Times
Yesterday, Indiabulls Real Estate raised Rs 2, Your Reason has been Reported to the admin. Your Reason has been Reported to the admin. Drag according to your convenience. However, an industry source said Sobha is also considering other options to raise equity. Foul language Slanderous Inciting hatred against a certain community Others. Technicals Technical Chart Visualize Screener. Another big gainer in the realty sector was Orbitco which rose by Indiabulls rose by 3.
Last month, it had raised Rs 1, crore via QIP to fund various projects and retire part of its Rs 8,crore debt. Will be displayed Will not be displayed Will be displayed. The company issued Find this comment offensive?
It is believed that the company will announce this decision latest by June-end. NIFTY 50 10, 2. This will alert our moderators to take action Name Reason for reporting: The promoters of country’s second largest realty firm Unitech are also looking to raise their stake by about 10 per cent in the company by subscribing to warrants worth about Rs 1, crore over the next 18 months. Get instant notifications from Economic Times Allow Not now.
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