Keystone Realtors issues shares to Quant MF, SBI Life, ADIA via Rs 800 crore QIP
Quant MF, SBI Life Insurance, and SBI General Insurance each received over 5 percent in Keystone Realtors' QIP.
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Quant MF, SBI Life Insurance, and SBI General Insurance each received over 5 percent in Keystone Realtors' QIP.
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Keystone said it reserves the discretion to offer a discount of not more than 5% on the floor price for the QIP.
Keystone Realtors sold 1.21 mn sq ft area last fiscal, up 17 per cent from 1.04 mn sq ft in the preceding year, according to the regulatory filing
Dosti Realty Limited, active in the Mumbai real estate market, plans to invest the money raised from the IPO towards business expansion and utilise the money for repaying debt. Its expansion plans include a foray into warehousing.