Gaurs Group Raises ₹440 Crore Through Debenture Issuance for Real Estate Expansion
Published on: Dec. 29, 2025, 8:46 p.m. | Source: scanx.trade
Gaurs Group, a Delhi-NCR based real estate developer, has raised ₹440 crore through its first public issuance of non-convertible debentures (NCDs). The issue was fully subscribed by three leading mutual funds. The NCDs, issued by Gaursons India Pvt Ltd, will be listed on the National Stock Exchange. The funds will be used for land acquisition, construction, repayment of higher-cost borrowings, and general corporate purposes. Gaurs Group has developed over 100 million sq ft of area and delivered 75,000 units across 70 projects.
