Breaking News

You are here » Indian-Commodity  :  IPO  :  India Green Reality coming with an IPO to raise Rs 10.38 crore

30-Sep2016

India Green Reality coming with an IPO to raise Rs 10.38 crore

India Green Reality is coming out with an initial public offering (IPO) of 34,60,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 30 per equity share. The issue will open on September 30, 2016 and will close on October 06, 2016.  The shares will be listed on SME platform of BSE.

The company will use the issue proceeds for working capital requirements, general corporate purposes and issue expenses. The book running lead manager to the issue is Guiness Corporate Advisors, while the compliance officer for the issue is Nirav Shah.

The company is a real estate developer with a diversified portfolio of real estate projects and engaged in the business of development and sale of residential and commercial properties including identification and acquisition of land, development of land, acquisition of development rights of projects, marketing of projects/land.


Related News

View all news

Spandana Sphoorty gets SEBI's nod for IPO

Spandana Sphoorty Financial has received markets regulator Securities and Exchange Board of India's (SEBI) approval to raise funds through an initial public offering (IPO). The IPO consists of fresh issue......

Bharat Hotels gets SEBI's approval for IPO

Bharat Hotels has received markets regulator Securities and Exchange Board of India's (SEBI) approval to raise funds through an initial public offering (IPO). The IPO comprises sale of fresh equity shares......

Chartered Speed files DRHP with SEBI for public issue

Fleet bus operators Chartered Speed has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise an estimated Rs 273 crore through an Initial......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......