ALPHA TRIBE

Omaxe LimitedQIP/Rights/Pref., 16-07-2025: Allotment of Securities

16-07-2025 | 06:49 pm

Omaxe Limited has secured a significant fund infusion by privately placing 398 Senior Secured Non-Convertible Debentures (NCDs). Each NCD is valued at Rs 10 lakh, bringing in Rs 39.80 crore in this initial tranche. The company aims to raise a total of up to Rs 199.40 crore through these NCDs. They offer a committed return of 12% IRR, secured by project assets, bank accounts, and personal guarantees. This strategic move strengthens Omaxe's financial standing, providing capital to support ongoing projects and future growth.

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