The fund will now seek commitments for the green shoe option of ₹1,000 crore.
This forms part of the logistics-focused fund and development management platform's aim to achieve $1 billion in assets under management (AUM). It currently has an AUM of about ₹2,600 crore, according to its website.
The new fund will add about 10-12 million sq ft of new projects, expanding Welspun One's total portfolio to 16-18 million sq ft over the next four to five years.
Denne historien er fra July 19, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra July 19, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India in economic sweet spot, inflation to moderate: Moody's
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