Archive · 24 Jul 2025
Executive Centre India Files for Rs 2,600 Crore IPO
Executive Centre India, a company providing flexible office spaces, is planning to raise around Rs 2600 crore by selling shares to the public.
This money will be used to invest in their existing business in Abu Dhabi and buy two other companies in Singapore and Dubai.
The company rents office spaces, redesigns them and operates them as offices for various businesses.
In the last financial year, the company made a significant profit.
Several financial firms will manage the sale of the new shares.
Executive Centre India Limited filed a Draft Red Herring Prospectus (DRHP) with SEBI for a Rs 2600 Crore IPO.
The IPO proceeds will fund investments in TEC Abu Dhabi and acquire TEC SGP and TEC Dubai.
The company operates premium flexible workspaces in India and other Asian markets.
In FY25, the company's total income was Rs 1346.397 Crores, up 27.58% from FY24.
Kotak Mahindra Capital Company Limited, ICICI Securities Limited, and Nomura are managing the IPO.
- Who
- Executive Centre India Limited
- What
- Executive Centre India Limited filed for an IPO.
- When
- July 24, 2025
- Where
- India and other locations in Asia and the Middle East.
- Why
- To fund investments and acquisitions.
- IPO Amount
- Rs 2600 Crore
- Company
- Executive Centre India Limited
- DRHP Filed With
- SEBI
- FY25 Total Income
- Rs 1346.397 Crores
- IPO Managers
- Kotak Mahindra Capital, ICICI Securities, Nomura
- Business
- Flexible Workspace Solutions