Ashiana Housing shines on raising Rs 125 crore via NCDs
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Ashiana Housing is currently trading at Rs. 363.60, up by 7.05 points or 1.98% from its previous closing of Rs. 356.55 on the BSE.
The scrip opened at Rs. 361.40 and has touched a high and low of Rs. 363.60 and Rs. 357.45 respectively. So far 1821 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 399.25 on 26-Apr-2024 and a 52 week low of Rs. 169.10 on 31-May-2023.
Last one week high and low of the scrip stood at Rs. 378.10 and Rs. 344.00 respectively. The current market cap of the company is Rs. 3584.21 crore.
The promoters holding in the company stood at 61.11%, while Institutions and Non-Institutions held 15.37% and 23.53% respectively.
Ashiana Housing has raised Rs 125 crore through the allotment of 12,500 Secured, Rated, Listed, Senior Redeemable, Taxable, Non-Convertible Debentures (NCDs) on Private Placement basis. The Executive Committee of Board of Directors of the company (through Resolution by Circulation) on May 13, 2024, has allotted the same.
Ashiana Housing is a real estate development company. It is engaged in building residential and commercial projects. The firm also offers retirement resorts, group housing, hotels, retail and facility management.
