NDR InvIT Trust files draft papers for Rs 750 crore IPO

In an ambitious move, NDR InvIT Trust plans to launch a public offering to secure up to Rs 750 crore, comprising a combination of new issues and an offer-for-sale. The capital raised is intended to enhance their portfolio through new warehousing acquisitions, facilitating ongoing development. NDR Warehousing, as the trust's sponsor, stands as a leader in India's warehousing landscape, overseeing a substantial amount of leasable space in strategic markets.