Raheja likely to launch IPO |
By e4p Correspondent, Tuesday, August 25, 2009, 16:04 Hrs [IST] |  |
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Category: SEZ / Industrial Parks | Tags: Raheja Developers ipo, Raheja Developers sez project | Share:  |
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New Delhi based Raheja Developers is likely to launch an initial public offering (IPO) within this fiscal to raise Rs 1,000 crore.
The company is yet to finalise the exact amount to be raised through IPO. The proceedings of the IPO are likely to be used to fund its projects in two SEZs in Haryana and meet its working capital requirements. However, the company has disclaimed any such development.
Source : ProjectsToday
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