Tuesday 29 May 2018


4 Companies from Construction and Real Estate Sectors raise ₹110.9 Crores via IPO
In the last ^two years, 4 Companies* in the construction and real estate sector have raised total funds of ₹110.9 Cr. by way of IPO. Total market capitalization of these companies is      ₹540.07 Cr.
Following table shows the size of the IPO and the market valuation of the companies in the construction and real estate sectors:


Sr. No
Company
Listing Date
Issue Size (In Cr.)
Market Capitalization
(share price as on 24.05.2018) (In Cr.)
1.
Ratnabhumi Developers Limited
14/12/2017
23.31
57.54
2.
Manas Properties Limited
30/03/2017
39.96
151.84
3.
Shradha infraprojects (Nagpur) Limited
11/12/2017
18.93
48.21
4.
RKEC Projects Limited
09/10/2017
28.70
282.48
Total
110.9
540.07

To sum up, companies from construction and real estate sectors have great scope to raise funds via IPO.

^Three years: 2016-17, 2017-18
*This write up is dated 24th May, 2018





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