"At Rs 275 per unit, post-listing equity value stands at Rs. 16,308 crore, based on 59.30 crore units post IPO. NAV (as of March 31, 2020) stands at Rs 320 per unit, which leads to 14 percent discount to issue price of Rs 275. On FY21E financials shared in the RHP, the yield works out to about 7.5-8.0 percent, on issue price of Rs 275 per unit and there is further scope of growing in the yield with new lease/release offering and an average escalation of 15 percent from a three-year perspective hold good investment for investor who are seeking certainty in returns," the brokerage explained. … [Read more...] about Mindspace Business Parks REIT IPO is now open; should you subscribe?
Piano near pleasant park
Moreover, almost 25 lakh people across 2,265 villages in 23 of Assam’s 33 districts are still displaced by the floods. Goalpara remains the worst-affected district with 4.70 lakh people still reeling from the floods, followed by Barpeta district at 3.95 lakh, and Morigaon district at 3.33 lakh. … [Read more...] about More than 100 dead in Assam floods, nearly 25 lakh still displaced: ASDMA report
Four garment manufacturing units were on July 7 allotted land along the Yamuna Expressway in Gautam Buddh Nagar, a move that is expected to pump investments worth Rs 17.52 crore and create 1,573 jobs in the region, officials said. The allotted pieces of land are in Sector 29 and managed by the Yamuna Expressway Industrial Development Authority (YEIDA) and located near the upcoming international Greenfield airport in Jewar. … [Read more...] about 4 garment manufacturing units allotted land along Yamuna Expressway near Jewar Airport
He also added that currently there are two kinds of people who have started investing in buying equipment for home use. “One type of buyer is who was not much aware but is now investing in fitness equipment. And then there is the committed fitness type who work out on a daily basis and needed a permanent solution as he/she does not foresee going to the gym in the near future. These two types of buyers have invested heavily in buying gym equipment in the last few months,” he noted. … [Read more...] about Staying fit at home | Indoor fitness equipment sales grow nearly 60% during COVID-19 lockdown
However, about a fortnight later, an explosion occurred at the site and a massive fire engulfed the Baghjan oil well. The fire had initially spread to quite a distance, forcing people in the region to move out. The state government and OIL also evacuated people who were at risk in the area. … [Read more...] about Nearly 45 days since blowout, Assam’s Baghjan oilfield continues to spit fire