Shriram Properties files IPO papers to raise ₹250 crore1 min read 25 Dec 2018, 11:39 AM IST
Starwood Capital, Tata Capital, TPG Asia and Mauritius Investors will collectively offer to sell 42.4 million shares in the Shriram Properties IPO
Mumbai: Bengaluru-based real estate developer Shriram Properties Ltd on Monday filed draft documents with markets regulator, Securities and Exchange Board of India (Sebi), for an initial public offering (IPO). The company, part of the Shriram Group, plans to raise up to ₹ 250 crore in fresh capital through the IPO, according to the draft red herring prospectus (DRHP) available on the website of merchant bankers managing the share sale.
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