India: TPG Capital-backed Shriram Properties targets to raise over $150m in IPO

India: TPG Capital-backed Shriram Properties targets to raise over $150m in IPO

Photo: Reuters

Real estate firm Shriram Properties Pvt. Ltd plans to raise around Rs1,000 crore from an initial public offering (IPO) and enter the low-cost housing segment with homes in the Rs15-25 lakh price range, said a top executive.

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