Secondary Issues

Realtor Lodha launches QIP to raise Rs.4,000-Cr

Mint  

Real estate firm Macrotech Developers Ltd, earlier known as Lodha, has launched a qualified institutional placement (QIP) share sale to raise between INR 3,000 crore and INR 4,000 crore. The company has fixed a floor price of INR 1,184.7 apiece for the share sale.

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