Tag: Private Equity Firms

Sahara Prime City to raise Rs 2000 crore to build townships

Realty firm Sahara Prime City said it would raise Rs 2,000 crore in the next 12-18 months to part fund development of 217 integrated townships across the country. The company, which is planing to invest the amount in the first phase of the plan that will see development of 102 townships, is looking at both […]

Alok Ind Resumes Talks To Sell 20% In Realty Arm To PEs

Alok Industries, the Rs 2,200-crore Mumbai-based textile firm, has resumed talks with private equity players to dilute about 20 percent equity it owns in its unlisted unit, Alok Infrastructure. A realty company, Alok Infrastructure has been looking at options to raise around Rs 600 crore for developing its large land bank, said sources. Alok Industries […]

Uppal Public Offer Rs 3000

Uppal Housing Ltd has planned to raise Rs 3000 crore fund through IPO i.e. Initial Public Offering of shares and pre-initial public offering placement this year for its ongoing projects. This plan will come to reality in second half of this year. Mr. Ajay Mangal, Director, Finance, Uppal Group said, “We are looking to dilute […]