The Shriram Properties IPO would generate liquidity for these investors as well as potential exits. Photo: Indranil Bhoumik/MintBengaluru: Real estate firm Shriram Properties Pvt. In 2017-18, a tough year for most developers, Shriram Properties sold 1,204 homes in Bengaluru, its core market, and 555 in Chennai. The Shriram Properties IPO would generate liquidity for these investors as well as potential exits. “If there is another IPO that precedes ours and if it’s successful, it will create interest among investors,” Murali said.

Source: Mint April 12, 2018 22:52 UTC