INSUBCONTINENT EXCLUSIVE:
offering (IPO) was subscribed 4.60 times on the third and final day of its issue, according to subscription data on the stock
75 per cent of the issue was reserved for qualified institutional buyers, 15 per cent for high net worth individuals and 10 per cent for
Properties has proposed partial exit to its four existing investors -- TPG Capital, Tata Capital, Walton Street Capital and Starwood Capital
- which hold around 58 per cent stake in the company.Shriram Properties is a part of the Shriram Group and is one of the leading residential
real estate development companies in South India
Due to COVID-19 pandemic, construction activity had been stalled during the year
The company has also posted losses in the last two years.Due to its negative earnings, it is not possible to value the company on a PE ratio
