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Embassy Office Parks REIT: Here’s All You Need To Know
Embassy Office Parks to launch India’s first REIT IPO to raise up to Rs 4,750 crore.
18 Mar 2019, 12:08 PM IST
Embassy Office Parks Retail Estate Investment Trust will launch its three-day initial public offering on March 18 to raise up to Rs 4,750 crore as it looks to monetise its assets and reduce debt through India’s first such IPO.The trustees are looking to sell around 15.83 crore units at Rs 299-300 apiece, according to its red-herring prospectus. Around 12.9 crore units worth Rs 3,873.7 crore are reserved for public investors, while Rs...
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