Knowledge Realty Trust launched its IPO on August 5. The IPO aims to raise ₹4,800 crore. It already secured ₹1,620 crore from anchor investors. Rakesh Jhunjhunwala Trust and LIC are among the backers. The price band is ₹95–100 per unit. The IPO proceeds will be used for debt repayment and acquisitions. The REIT will be listed on NSE and BSE.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets