Dewan Housing raises Rs 375 cr

Housing finance company Dewan Housing Finance Corporation today said it has raised Rs 375 crore by issuing shares to qualified institutional buyers.

The company has raised funds by issuing 16.8 million shares at a price of Rs 222.30 per share including a premium of Rs 212.30 per share.

The company's shares were trading at Rs 226, nearly 0.44 per cent higher than Wednesday's close.