Lodha Developers plans to raise $1 bn via IPO: reports

Report stated that the sale may value Mumbai based Lodha at as much as $10 bn.

Jul 15, 2014 03:07 IST India Infoline News Service

Lodha Developers is planning an initial public offering (IPO) that may raise as much as $1 bn, according to reports.

Report stated that the sale may value Lodha at as much as $10 bn.

The company will probably start trading next year.

The company is building the 117-storey World One residential tower

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