 "The eye-catching — and jarring — office blocks in East Kidwai Nagar")
Mindspace Business Parks REIT, backed by K Raheja Corp, has filed draft papers with markets regulator Sebi for an initial public offer.
Certain entities of Blackstone Group are also the selling unitholders in the initial public offer (IPO).
The IPO consists of a fresh issue aggregating up to Rs 1,000 crore and an offer for sale by the selling unitholders, as per the draft offer document (DOD).
According to market sources, the offer size could be up to Rs 4,000 crore, including fresh issue.
The net proceeds will be utilised towards partial or full pre-payment or scheduled repayment of certain
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