Sunteck Realty Ltd is planning to raise as much as US$40 mn selling shares to institutional investors, according to a report.
The report stated that the company plans to sell shares for at least Rs534.15 each.
Citigroup Global Markets India Pvt., Kotak Mahindra Capital Co. and UBS Equities India Pvt. are managing the sale, add reports.
India Infoline News Service / 08:59, Aug 25, 2014
The outlook is a flat start. The BankNifty has given a breakout but many of the large caps are remaining in a range keeping the main indices under pressure.