NDR InvIT Trust is set to transition from a privately listed entity to a public InvIT by launching an initial public offering of units valued at up to ₹750 crore. This offering consists of a fresh issue worth ₹450 crore and an offer for sale (OFS) totaling ₹300 crore. The capital raised will be utilized to acquire NDR Advanced Storage and NDR Storewell Warehousing, while the remaining funds will be allocated for general corporate needs.
by shortkt.com✓