Shriram Properties IPO - A Play On Southern Realty Theme; Healthy Land Bank Value: Reliance Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Reliance Securities' IPO Report.Shriram Properties Ltd. is a part of the Shriram Group, with a focus on the affordable housing segment. The company primarily focuses on the mid range-to-affordable markets. Shriram Properties is among the top five residential real estate companies in South India, with projects across tier-I cities, including Bengaluru, Chennai and Hyderabad. The company started operations in Bengaluru in the year 2000 and has since expanded presence to other cities. In addition, it operates in Kolkata in East India, where it is developing a large mixed-usage project. Bengaluru and Chennai are the two key markets for Shriram Properties, contributed ~29% of new launches in the country during the last decade. Shriram Properties has proposed a partial exit plan to its four existing investors - TPG Capital, Tata Capital Ltd., Walton Street Capital and Starwood Capital - which hold a 58% stake in the company..Click on the attachment to read the full IPO report: .DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Shriram Properties IPO - A Play On Southern Realty Theme; Healthy Land Bank Value: Reliance Securities

Shriram Properties IPO - A Play On Southern Realty Theme; Healthy Land Bank Value: Reliance Securities

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