30.09.2009 - Indian realty cos line up IPOs
From Thehindubusinessline.com: Buoyed by positive market sentiments and demand revival in housing, four real estate companies — Emaar MGF Land, Lodha Developers, Sahara Prime City and Ambience Ltd — are looking to mop-up over Rs 11,000 crore through public offerings. The four realtors on Tuesday filed their preliminary draft prospectus with market regulator SEBI and, according to industry observers, at least a dozen more realtors may be lining up to tap the capital market in the coming months.....................Full Article: Source
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