Mumbai based real estate developer Poddar Developers has raised Rs 125 crore through selling shares to investors through qualified institutional placement (QIP). Goldman Sachs, ICICI Pru and IDFC Capital are the lead investors in the issue. Poddar will issue shares at Rs 1,125.21 per share. Equirus Capital was lead manager to the QIP.
The company is engaged in the manufacturing Color & Additive Masterbatches for dope dyeing of man- made fibres, various plastic applications and engg. plastics & compounds
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