Dosti Realty Eyes IPO, Warehousing, and MMR Redevelopment
Early this year, Mumbai-based Dosti Realty (DRL) announced plans to launch an Initial Public Offering (IPO) in the next 12 to 24 months, as well as a strategic expansion into the Thane and Bhiwandi storage and logistics sectors. Discussions with bankers are presently underway, and the funds raised through the IPO will be used to […]
Shapoorji Pallonji’s Afcons IPO Faces Tepid Demand on Day 1
On October 25, the first day of bidding, Afcons Infrastructure’s Rs 5,430 crore IPO got off to a poor start, with barely 8% of the offer subscribed for by the afternoon. According to consolidated bid statistics, 71.47 lakh shares were bid on during the public offering, while 8.66 crore shares were offered. According to consolidated […]