Suraj Estate Developers Raises Rs. 343 Crores Through Equity Shares and Share Warrants

Suraj Estate Developers Limited has secured around Rs. 343 crores through a recent preferential allotment of equity shares and convertible share warrants. The funds will be used for land acquisitions and general corporate purposes, reflecting strong investor confidence in the company’s growth plans and its commitment to expanding in the residential and commercial real estate sectors.

Arkade Developers Raises ₹122.40 Crore Ahead of IPO

Arkade Developers Ltd has successfully raised Rs 122.40 crore from anchor investors in advance of its initial public offering (IPO). The company has set a price band of Rs 121-128 per share for the Rs 410-crore IPO, which will be open for public subscription from September 16 to September 19. The raised funds will be used for ongoing and future real estate projects, acquisitions, and general corporate purposes.