Public Market Secondary Issues
Realtor Lodha launches QIP to raise Rs.4,000-Cr
Source Mint (opens in a new tab)
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.