03 Oct 2025 | 5 Mins Read
Eldeco Infra seeks Rs 1,000 crore for debt reduction through IPO
Flipitmoney
Eldeco Infrastructure and Properties filed a draft red herring prospectus with Sebi, aiming for a Rs 1,000-crore IPO. The company plans to raise Rs 800 crore through new shares and sell Rs 200 crore by promoters Pankaj Bajaj and Bandana Kohli. Funds will be used to repay debt and improve net debt-to-equity ratio. Eldeco Infrastructure posted a Rs 63.8 crore net loss in FY25.