Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Anarock Files Papers For Rs 1,000 Crore IPO, Real Estate Advisory Firm Plans Rs 550 Crore Fresh Issue

Mumbai: Mumbai-based Anarock Property Consultants Limited has filed its Draft Red Herring Prospectus with market regulator SEBI to raise Rs 1,000 crore through an initial public offering. The IPO will include a fresh issue of shares worth up to Rs 550 crore and an offer-for-sale of up to Rs 450 crore. The shares have a face value of Rs 1 each. Pre-IPO Placement On Cards The company may also…

Anarock Files Papers For Rs 1,000 Crore IPO, Real Estate Advisory Firm Plans Rs 550 Crore Fresh Issue

Mumbai-based Anarock Property Consultants Limited has submitted draft documents for its IPO, seeking Rs 1,000 crore in capital. The share sale will include a fresh issue of up to Rs 550 crore and an offer-for-sale of up to Rs 450 crore. Shares carry a nominal face value of Rs 1. Pre-IPO placements of up to Rs 110 crore are also on the table.

Promoters Peter Properties Limited and Khushi Trust will join investors like 360 ONE, Om Sai Trust, Coralred Consultants and Traders LLP to sell shares. Funds raised will bolster AI and technology capabilities, expand existing businesses and services, finance a DSP acquisition, and cover acquisitions and strategic moves. Anarock's services focus on transaction advisory, leasing, investment advisory, management, and technology solutions.

Operating in 15 Indian cities and the Middle East, the firm now employs 2,192 and had a 2026 revenue of Rs 881.8 crore, more than doubling its profit to Rs 93.2 crore from 2024.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freepressjournal.in →

More in Finance & Markets

More from Thursday 1 October →