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Maybank, ELM Park large buyers in anchor category of FPO; MFs abstain
Warehousing, data centres will attract institutional investments in 'years to come', says JLL
Institutional investments in retail real estate jumped over six fold to USD 492 million in 2022, as businesses in shopping malls revived strongly post the COVID pandemic, according to Colliers India. In 2021, the retail real estate had attracted only USD 77 million institutional investments because of an adverse impact of the COVID pandemic on the businesses in shopping malls. Overall, Colliers said that the institutional investments in the Indian real estate sector grew 20 per cent in 2022 to touch USD 4.9 billion from USD 4.08 billion in the previous year. Alternate asset classes, which includes data centres, received an investment of USD 867 million last year, up 92 per cent from USD 453 million in 2021. Alternate assets include data centres, life sciences, senior housing, holiday homes, and student housing among others. The growth of alternate assets is led by investors looking to diversify their portfolio, given steady returns in some traditional asset classes, Colliers India
KFin Technologies first considered launching a Rs 2,400-crore IPO but reduced the issue size to Rs 1,500 crore to align with market conditions
Financial services firm provides services and solutions to asset managers and corporate issuers
Sells 22.84 million shares, or 5.08% stake, at Rs 456.4 apiece; 30 institutional investors among buyers
It raised Rs 216 crore by issuing fresh equity in the IPO
Retail portion just half covered; institutional investor and HNI portions subscribed 3.8x and 3x, respectively
Deal for Rs 6,267 cr is the largest road acquisition under government's asset monetisation programme this year
Price band set at Rs 197-207; No institutional takers for Fusion microfinance on opening day
TMB is looking to issue 15.84 million fresh shares in the IPO. At the upper end of the price band, the bank will raise Rs 832 crore and will be valued at Rs 8,314 crore
Early stage venture capital fund Cactus Venture Partners expects to raise Rs 750 crore by December and plans to invest the amount in clean-tech, and health-tech companies, among others. Out of the total amount, the VC fund has raised Rs 350 crore. "The fund is in active discussions with several domestic and international institutional investors and anticipates the final close of its fund target of Rs 750 crore by December 2022. "With a significant 15 per cent commitment from the General Partners, the fund plans on deploying this capital over the next 3-4 years," Cactus Venture Partners (CVP) said in a statement. Anurag Goel, Co-Founder of Cactus Communications, Amit Sharma, a seasoned venture investor, and Rajeev Kalambi, a former investment banker, are the founders of CVP. Cactus is a global science communication, and technology company. CVP has been investing in technology and Direct-to-Consumer (D2C) startups in the early growth stage since 2021. "The fund's capital raise has
Rejection of resolutions on remunerations rises; investors becoming more discerning, say experts
Institutional investments in Indian real estate fell 27 per cent during the April-June period to USD 966 million amid global economic and geopolitical headwinds, according to JLL India. The institutional investment in real estate stood at USD 1,329 million in the year-ago period. As per the data, the institutional investments in the office segment of real estate rose to USD 652 million in April-June 2022 from USD 231 million in the corresponding period of the previous year. The inflow at entity levels and alternative assets (data centre) stood at USD 110 million and USD 64 million, respectively, in the second quarter of 2022 from nil in the year-ago period. However, the institutional investments in the housing segment declined to USD 60 million in April-June from USD 78 million a year ago, while the inflow in retail real estate fell to USD 51 million from USD 278 million. The institutional investment in the warehousing segment declined sharply to USD 29 million in April-June 2022
Institutional investments in Indian real estate rose 14 per cent annually to USD 2.6 billion during the January-June period, driven by higher inflow in office and retail segments, according to property consultant Colliers India. Office segment received investments of USD 1,276.8 million in January-June 2022, up 20 per cent from USD 1,068.1 million in the year-ago period, the consultant said in a statement. Institutional investments in retail real estate jumped to USD 491.8 million from USD 77.2 million during the period under review. The alternative assets (like data centre) rose 53 per cent to USD 369.8 million from USD 241 million. Mixed use developments saw USD 230.7 million of inflow in January-June 2022 as against nil in January-June 2021. However, institutional investments in industrial & logistics assets fell 77 per cent to USD 179.8 million from USD 774.9 million. Residential segment saw 45 per cent fall in fund inflow to USD 86.4 million in January-June 2022 from USD ...
The institutional investor portion of the issue was subscribed 1.26 times, high-networth individual portion 99 per cent and retail portion 1.3 times
The Mumbai-based firm had launched its QIP (Qualified Institutional Placement) issue on March 7 and closed it on April 12
Office, retail, and industrial & logistics segments contributed 95% of the total institutional investment in the real estate sector during January-March period
Nykaa has passed a resolution to amend its Articles of Association that allow promoters to nominate one-third of directors and the chairperson