100% Recommended

4 of 5 rating

based on 2 reviews

Sahara Prime City Limited is in the business of developing commercial and residential properties. These include integrated townships, premium group housing projects, hospitals, hotels and other commercial projects. With a land bank of 8484.65 acres and developing experience in both residential and commercial space, Sahara Prime City Limited aspires to be at the forefront of real estate development in the country. Sahara Prime City Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at www.sebi.gov.in as well as on www.enam.com, www.jmfinancial.com, www.edelcap.com, www.idbicapital.com, www.daiwacm.asia/india/capitalmarketissues and www.kmcc.co.in. Investors should note that investment in equity shares involves a high degree of risk, and for details relating to the same, see the section titled “Risk Factors” of the DRHP.

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