Valencia India Limited launched its IPO today, aiming to raise Rs 48.95 crore through a fresh issue and offer for sale. With a price band of Rs 95-110, the IPO plans to list on BSE SME on July 3. The company will use the funds to develop luxury villas and a clubhouse, expanding its real estate and hospitality footprint.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets