• SENSEX
    NIFTY 50
VIDEOS
Real Estate

Oberoi Realty looking to raise funds via qualified institutional placement

Updated : May 25, 2018 03:08 PM IST

Oberoi Realty is looking to raise about Rs 1,200 crore which will entail a dilution of nearly 7% and bring down the promoter stake which currently stands at about 72%.

Oberoi Realty has mandated bankers for the Qualified Institutional Placement (QIP) issue. JM Financial and Morgan Stanley are on-board to manage this QIP.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV