Don’t miss the latest developments in business and finance.

Paranjape Schemes files for up to 6 billion rupees IPO

Image
Reuters MUMBAI
Last Updated : Jul 09 2015 | 6:48 PM IST

MUMBAI (Reuters) - Real estate developer Paranjape Schemes (Construction) Ltd has filed a draft prospectus with the market regulator for an initial public offering to raise up to 6 billion rupees ($94.70 million).

Axis Bank and IDFC are the managers for the issue, the draft prospectus showed.

($1 = 63.3610 rupees)

(Reporting by Abhishek Vishnoi; Editing by Biju Dwarakanath)

Also Read

First Published: Jul 09 2015 | 6:29 PM IST

Next Story