D B Realty raises Rs 920 crore by selling shares to institutional investors via QIP
The major investors who participated in the QIP are Morgan Stanley Asia (Singapore) PTE, Reliance Commercial Finance Ltd, Bofa Securities Europe SA, Societe Generale, Santosh Industries, Astorne Capital, Nomura Singapore, BNP Paribas Financial Markets and Copthall Mauritius Investment.
The funds raised through the QIP route will provide D B Realty an additional growth capital for its real estate projects and also bolster the balance sheet. Image: Pixabay