Ashwin Sheth plans Bengaluru debut, sets sights on IPO
Mint Bangalore|December 31, 2024
Real estate developer Ashwin Sheth Group is preparing to launch more than 10 housing projects in 2025 and mark its debut in Bengaluru, as it aims to tap the public market to finance its expansion plans.
Khushi Malhotra

The Mumbai-based group's revenue share from the projects, including joint ventures, is expected to be as much as ₹30,000 crore once the projects are developed and sold.

While most of these will be in Mumbai, the firm is entering fast-growing Bengaluru for the first time with two projects, Bhavik Bhandari, chief sales and marketing officer, Ashwin Sheth Group, told Mint.

To fund these developments, the group plans to launch an initial public offering (IPO) in the next 12-18 months.

Denne historien er fra December 31, 2024-utgaven av Mint Bangalore.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 31, 2024-utgaven av Mint Bangalore.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA MINT BANGALORESe alt
Mint Bangalore

India, EU Discuss Road Map To Strengthen Trade, Investment

Commerce minister Piyush Goyal holds talks with EU counterpart Maroš Šefčovič

time-read
1 min  |
January 20, 2025
Mint Bangalore

Nailing the 'smart business casual' code during winter

Looking 'smart casual' is easy if you build a wardrobe around versatile separates like blazers and trousers

time-read
3 mins  |
January 20, 2025
Mint Bangalore

ITC Aims to Lead in All Segments: Sanjiv Puri

ITC Ltd is sharpening its competitiveness and strengthening innovative capacity under its \"Next Strategy\" as the multi-conglomerate aims to be a leader in the segments in which it operates, said its chairman and managing director Sanjiv Puri.

time-read
1 min  |
January 20, 2025
Mint Bangalore

'America First' stalls bond issuance in emerging markets

A record start to the year for emerging-market bond sales is at risk of fizzling as high Treasury rates hamper weaker credits from tapping international capital.

time-read
1 min  |
January 20, 2025
Mint Bangalore

What protects us from being stabbed in our own homes?

India extracts a very high price from those who hurt its rich and middle class but this shield could weaken

time-read
4 mins  |
January 20, 2025
Mint Bangalore

Indian equities not overly expensive, reflect growth prospects

We see structural shifts in India align closely with 5 mega forces driving global economic transformation Ben Powell Chief APAC & ME strategist, Blackrock Investment Institute

time-read
4 mins  |
January 20, 2025
Mint Bangalore

India to export 1 mt of sugar this year

India is set to allow exports of 1 million tonnes (mt) of sugar during the current season, government and industry sources said, to help mills export surplus stocks from the world's second biggest producer of the sweetener and help prop up local prices.

time-read
1 min  |
January 20, 2025
Mint Bangalore

Capital markets require more Hindenburgs, not fewer

Short sellers hold businesses to account, raise the cost of opacity and make markets more efficient

time-read
3 mins  |
January 20, 2025
Mint Bangalore

NCLT Directs Tulip Hotels' Liquidation

The National Company Law Tribunal (NCLT) has directed the liquidation of debt-ridden Tulip Hotels.

time-read
1 min  |
January 20, 2025
Mint Bangalore

Trump's Deeds May Not Have the Same Bite as His Plans

Trump is a businessman looking to extract a \"good deal\" from his opponents

time-read
3 mins  |
January 20, 2025