Lodha Developers IPO : Lodha Developers plan IPO
Lodha Developers IPO : Lodha Developers plan IPO
Lodha Developers, a Mumbai-based realty firm, plans to raise between Rs 6,000-Rs 8,000 crore through a public issue within the next 12-months and off-load 10-15% stake in the process.
The promoters are expected to off-load around 10-15% of their stake
Lodha group had recently acquired a 12.9-acre plot in Eden Square, Hyderabad, for Rs 255.42 crore, to develop a high-end commercial complex in about three million square feet area.
