Marathon Nextgen Realty Share Worth: Actual Property Firm Marathon Nextgen Realty proved to be superb for traders on June 24. On BSE, the share worth jumped about 9 % within the day to Rs 639.15. The inventory was arrange by 7.7 % to Rs 632.95 when the enterprise was closed. The corporate launched the Certified Institutional Placement (QIP) on Monday, 23 June. It was accredited by the board of Marathon Nextgen Realty on 11 November 2024. On the identical time, approval from shareholders was acquired on December 14, 2024. We’ve got instructed the weere markets that the ground worth for QIP is Rs 584.34 per share. Based on the CNBC-TV18, those that know the case have revealed that the corporate desires to boost as much as Rs 900 crore with the assistance of QIP. For this, 31.66 % stake will probably be offered. The place the QIP cash will probably be discovered, the information associated information has revealed that the Marathon Nextgen Realty used to make use of Rs 160 crore out of the potential Rs 160 crore of Rs 160 crore from its QIP, to put money into subsidiaries, use Rs 340 crore, utilizing 340 crore rupees, utilizing 300 crore rupees and utilizing 300 crore rupees. Will do for goals. Marathon Nextgen Realty in 2 years double invests. Based on BSE knowledge, Marathon Nextgen Realty shares have doubled traders’ cash in 2 years. The inventory has climbed greater than 28 % in a month. The corporate had a 73.63 % stake within the firm until the top of March 2025. The corporate’s market cap is about Rs 3300 crore. The share face worth of the inventory is Rs 5. India’s Mutual Fund Homes had a 2.42 % stake within the Marathon Nextgen Realty by the top of March 2025. On the identical time, 10,000 retail shareholders with approved share capital as much as Rs 2 lakh had 8 % share. Promoter Sunil Wachani offered ₹ 2200 crore shares, costs fell down; Who’s Bayer Disclaimer: Right here info supplied is being given right here just for info. It’s needed to say right here that the funding market out there is topic to dangers. At all times seek the advice of specialists earlier than investing cash as an investor. There’s by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.
