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Capacite Infra bags Rs.549 crore projects
Capacite Infra bags Rs.549 crore projects

(20 second reading) Capacite Infra has received orders worth Rs.549 crore.Of these, one order worth Rs. 256 crore is from Macrotech Developers for a luxury residential project in Worli, Mumbai. The other order worth Rs.293 crore is from Raymond for an additional building in Thane and scope enhancement for an existing building.
Earlier this year, its ED and CFO Subir Malhotra told that the company was confident of achieving its order inflow guidance of Rs.2,000 crore in FY24.
In January, the company had also concluded a Rs200 crore QIP issue. It approved the allotment of 79.47 lakh equity shares to eligible qualified institutional buyers at the issue price of ?251.65 apiece.