Mindspace REIT IPO to raise Rs 4,700 crore

The company has reported a 21 per cent jump in revenues at Rs 2,026 crore in FY20 over FY19. Profit for the year ended March 31, 2020 was flat at 514 crore. As on March 31, the total market value of its portfolio was Rs 23,675 crore. As of May, the committed occupancy of its portfolio stood at 92.4 per cent and average rent was 52.5 per sq ft.

from IPOs/FPOs-Markets-Economic Times https://ift.tt/2BapVBO