REITs and InviTs are the kind of instruments for fund raising which were developed in the Indian markets only three years ago and there were several listings and even at uncertain times like this, there is a new issuance from Raheja.
Mindspace Business Parks is raising about Rs 4,500 crore through its REIT IPO. So how this instrument has reached the inflection point in India? Will it come up as a matured asset destination for investors and will more capital intensive companies really look out for this particular instrument for fund raising opportunities?
CNBC-TV18’s Nisha Poddar discussed with Harsh Shah, CEO of IndiGrid and Sundareswaran S, MD of Morgan Stanley, to get more details on this matter.