Realty firm Godrej Properties on Tuesday said it has raised Rs 3,750 crore through sale of shares to institutional investors.
The issue has been set at a floor price of Rs 1,181.06 per share, on which the lender may offer a discount of not more than 5 per cent, according to its exchange filing.
The firm looks to issue debt securities in one or more tranches
The firm issued foreign currency convertible bonds
As many as eight firms raised over Rs 9,100 crore through retail issuance of non-convertible debentures in the first ten months of the ongoing fiscal
The travel services firm said it plans to raise up to Rs 450 crore via the issue of Optionally Convertible Cumulative Redeemable Preference shares (OCCRPS) through private placement
The company's QIP committee approved the allotment of 7.63 million equity shares to eligible qualified institutional buyers at a price of Rs 524 per equity share
Investors included Silicon Valley based venture capital firm Tribe Capital
The company and its promoters settled with Sebi cases of alleged disclosure lapses after paying nearly Rs 45 lakh as settlement charges
The fundraise valued the firm at about $74 billion, the report said
Digital healthcare platform MediBuddy has raised Rs 25 crore debt fund from InnoVen Capital
The price band for the initial public offer has been fixed at Rs 626-627 per share
Venture capital fund has funded close to 70 startups over the last eight years.
Looks to raise Rs 3,750 crore; board has cleared proposal for fundraise
The firm on Monday increased the size of its much-awaited stock market debut
City-based ed-tech startup, Newton School, has raised USD five million Series A round of financing, led by RTP Global. The funding round saw participation from existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy co-founders Gaurav Munjal, Roman Saini and Hemesh Singh. Flipkarts CEO Kalyan Krishnamoorthy, CREDs Kunal Shah, Freshworks Girish Mathrubootham, Udaans Sujeet Kumar and Razorpay founders Harshil Mathur & Shashank Kumar along with a slew of angels also participated in the round, it said in a statement. The capital will be used for team expansion, scaling student intake and product development, it was stated.
Ovo Fund and TenOneTen Ventures in the US also took part in the funding round
V-Mart Retail on Wednesday said it has raised Rs 374.99 crore
The firm raised the money in a Series B funding round
The move comes amid a spike in trading on Wall Street fuelled by small investors driving up shares in GameStop and other stocks