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Asia

NDR InvIT Trust files draft papers for Rs 750 crore IPO

Markets-Economic Times · 1h ago · 🇮🇳 India

NDR InvIT Trust files draft papers for Rs 750 crore IPO

In an ambitious move, NDR InvIT Trust plans to launch a public offering to secure up to Rs 750 crore, comprising a combination of new issues and an offer-for-sale. The capital raised is intended to enhance their portfolio through new warehousing acquisitions, facilitating ongoing development. NDR Warehousing, as the trust's sponsor, stands as a leader in India's warehousing landscape, overseeing a substantial amount of leasable space in strategic markets.

Read the full story at Markets-Economic Times →

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