First Pass

6 stories from 2 sources

IPO pipeline widens across India’s real estate market

Day’s Recap

Supporting Articles

Horizon Industrial Parks has set a price band of Rs 57 to Rs 60 per share for its Rs 2,600 crore IPO. The issue will open on August 17 and close on August 19, with most proceeds earmarked for debt repayment or prepayment.

10:51 PMEconomic Times

Tablespace Technologies has filed a draft red herring prospectus with Sebi for an IPO featuring a fresh issue of up to ₹800 crore alongside an offer for sale. The managed workspace provider plans to use the proceeds to repay debt, fund acquisitions and meet general corporate needs.

11:08 AMEconomic Times

Tablespace Technologies, operator of managed workspace brand Table Space, has filed a draft red herring prospectus with SEBI for an IPO. The offering will include a fresh issue of up to ₹800 crore and an offer for sale of up to 6.55 crore equity shares.

6:00 AMEconomic Times Realty

NDR InvIT Trust has filed draft papers for an IPO of up to ₹750 crore, comprising a fresh issue and an offer for sale. The trust plans to use the funds to acquire and develop additional warehousing assets, with NDR Warehousing as its sponsor.

10:50 AMEconomic Times

Other Developments

A curated list of other prominent stories from this day.

DBS Bank India has extended Rs 520 crore in credit to K Raheja Corp for a commercial tower in Pune. Certus Capital has also committed more than Rs 1,000 crore to real estate projects across Hyderabad, Mumbai, Chennai and the National Capital Region in the first half of 2026.

8:29 AMEconomic Times

Tribeca Developers and Ira Realty are investing Rs 2,000 crore in a Trump-branded luxury housing project in Hyderabad. The development will comprise two 65-storey towers with 450 apartments, with completion expected within four years and marking the brand’s entry into South India.

8:27 AMEconomic Times

Make it yours

Build Your First Pass.

Pick your topics, set your cadence, and receive your personalized First Pass in your inbox. It’s that simple!