BPTP Ltd plans Rs1500 cr IPO
Delhi-based realty player BPTP Ltd has planned to hit the capital market to raise funds through an Initial Public Offering (IPO) and has filed its Draft Red Herring Prospectus (DRHP) with SEBI. The Public Issue of equity shares of face value of Rs 10 each for a cash at a price band to be decided later aggregate to Rs 15000 million. The Book Running lead managers to the issue are IDFC – SSKI Ltd and JP Morgan Pvt Ltd.
About BPTP Ltd: BPTP is a Delhi based real estate player headed Kabul Chawla. It has projects in New Delhi, Gurgaon, Faridabad, Noida and Greater Noida. All facets and product categories of Real Estate, i.e. Condominiums, Plotted Development, Built – up Villas, Commercial Complexes, IT Parks and Shopping Malls are part of BPTP’s portfolio. Its gamut of forthcoming projects includes Parklands, the new age 1000 acre integrated township at Faridabad.