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Capacit’e Infraprojects files for Rs 400 crore IPO

Capacit’e Infraprojects files for Rs 400 crore IPO

Tuesday, April 18, 2017, 7:19 AM

Mumbai-based construction company Capacit’e Infraprojects Ltd filed its draft prospectus with the market regulator for an IPO to raise up to Rs.400 crore. The company will use the proceeds for working capital requirements, purchase of capital assets and general corporate purposes. Capacit’e Infraprojects undertakes construction of residential, commercial and institutional buildings, primarily in the Mumbai metropolitan region, the National Capital Region and Bengaluru.
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