Max Ventures and Industries Ltd. News and Updates

Keep track of all breaking news on Max Ventures and Industries Ltd. from all sources in a single place.

30 Dec 2024

Max Estates stocks in focus on hitting Rs 845 cr in pre-sales within one week of launch

Economic Times

After a successful phase 1 of the project, the second phase surpassed the company's original guidance of Rs 800 crore as the booking value potential.

Max Ventures and Industries Ltd.

27 Dec 2024

Max Estates sells luxury residential properties worth Rs 845 cr in Noida

Business Standard

Realty firm Max Estates Ltd on Friday said it has sold luxury residential properties worth Rs 845 crore in Noida amid strong demand. In a regulatory filing, Max Estates said its subsidiary Max Estates 128 Pvt Ltd has successfully launched the second phase of its residential project 'Estate 128' in Noida. "Building on the success of the first phase, the second phase has achieved a pre-sales booking value of Rs 845 crore within a week of its launch, and has surpassed the company's original guidance of Rs 800 crores as the booking value potential for this phase," Max Estates said. The company did not disclose the number of units it has sold for Rs 845 crore and the price per apartment. The project, combining both phases, now comprise four towers with 268 units, spanning 10 acres and a total booking value of about Rs 2,700 crore. Max Estates said it has already achieved a booking value of about Rs 5,000 crore in the first nine months of 2024-25. This performance is well within the...

Max Ventures and Industries Ltd.

27 Dec 2024

Max Estates Shares Jump 10% As Estate 128 Phase II Pre-Sales Hit Rs 845 Crore

NDTV Profit

Max Estates shares rose as much as 9.54% to Rs 615.05 apiece, the highest level since Dec. 23.

Max Ventures and Industries Ltd.

28 Oct 2024

Max Estates zooms 7% after profit jumps 4,171% YoY in Q2FY25 results

Business Standard

Max Estates shares surged 7.1 per cent at Rs 586.90 per share on the BSE in Monday's intraday deals

Max Estates secures major Noida project, reports strong sales in Gurugram

Business Line | 28 Oct 2024

Max Ventures and Industries Ltd.

30 Sep 2024

Max Estates sells Rs 4,100 cr worth properties within 1 month in Gurugram

Business Standard

Realty firm Max Estates Ltd has sold residential properties worth Rs 4,100 crore in the last one month at its new project in Gurugram. Max Estates launched its first residential project in Gurugram named 'Estate 360' on August 27. "Within 30 days of the launch, Estate 360 has garnered a pre-sales booking value of around Rs 4,100 crore surpassing the guidance of around 4,000 crore provided by the company for FY'25," Max Estates said in a statement. With this successful launch, Max Estates has revised the guidance for the total Gross Development Value potential of this project to Rs 4,800 crore in FY25. The project is located at Sector 36A, Dwarka Expressway, Gurugram. The project will also have flats for seniors to be managed by Antara Senior Living with a dedicated healthcare centre open to all residents of the community. Max Estates is the real estate arm of the Max Group.

Max Estates' Gurugram project nets 4,100 crore in pre-sales, stocks surge

Business Line | 30 Sep 2024

Max Ventures and Industries Ltd.

05 Sep 2024

Max Estates Raises Rs 800 Crore From Marquee Investors Via QIP

NDTV Profit

Max Estates will use the proceeds from this capital raise to further its growth and expansion plans by acquiring land, interests in land, and land development rights

Max Ventures and Industries Ltd.

04 Sep 2024

Max Estates shares rise over 3% on successfully raising Rs 800 cr from QIBs

Business Standard

Max Estates share price moved up after the company on Tuesday announced that it has successfully raised Rs 800 crore allotting equity shares to 25 qualified institutional buyers (QIBs)

Max Estates Raises Rs 800 Crore In QIP

NDTV Profit | 03 Sep 2024

Max Ventures and Industries Ltd.

30 Aug 2024

Max Estates launches QIP, plans to raise Rs 800 cr for business growth

Business Standard

Realty firm Max Estates plans to raise Rs 800 crore by selling equity shares to institutional investors for the growth of business. In a regulatory filing on Thursday, Max Estates informed that an Investment and Finance Committee of the board approved launch of Qualified Institutional Placement (QIP) issue. The panel also approved the floor price for the issue at Rs 628.74 per equity share. According to sources, all major domestic mutual fund companies have participated in the QIP issue. The company would utilise the fund to acquire land in Delhi-NCR, they added. According to the notice of the 8th Annual General Meeting (AGM) of the members of Max Estates Ltd, the company plans to raise up to Rs 800 crore. "The company anticipates certain growth opportunities in its existing line of business," Max Estates said. The company said it continues to evaluate various growth avenues, including land acquisition. Max Estates proposed to raise funds aggregating up to and not exceeding Rs