Omaxe’s fund raising plans

by khalid on 01/01/2010 · 0 comments

Year 2009 has proved to be a qualified institutional placement (QIP) party for Indian real estate. Delhi based realtor Omaxe has also decided to join the fun and ring in the New Year with a QIP. Omaxe plans to raise upto Rs 1,000 crore in the next quarter.

The year 2010 is going to be very important for the country’s real estate companies. While listed players like Omaxe and DLF may hit the market with QIPs, many companies, such as Emaar MGF, Sahara and Ambience Developers may be hitting the capital markets for the first time.

Share’s Data :
BSE Code : 532880
Face Value : Rs 10.00
Mkt. Cap: 1658 Crore
P/E: 20.96
EPS: 4.50
52 Week H/L : 136.60 / 40.00
L&T share’s CMP is Rs 95.50 on 31st Dec 09.

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