Marathon Nextgen Realty Raises Rs.900 Crore via QIP

  Published 9 months ago

Marathon Nextgen Realty raises Rs.900 crore via QIP for growth, Mumbai expansion, and debt reduction.

  • Issued 1,62,12,406 shares at Rs.555.13 each (face value Rs.5) by June 30, 2025.
  • Attracted Quant Mutual Fund, Kotak, Samco; FII/DII holdings rose to 9.9%/16.66%.
  • Strengthened finances, net debt-to-equity to drop below the current 0.46 post-debt reduction.

You might like these

MAGL.NS Rises 14% on Surveillance Orders

Wipro Expands in Saudi Arabia with New Office and Tech Training Center

India Boosts Russian Oil Imports to 10, Month High

Insurance Stocks Surge on GST Relief

RBI August: Trade, Growth, Inflation

Zomato Parent Boosts Nifty, Sensex

PNC Infratech Up 6.7% to Two‑Month High

News that matters the most ⚡