Kesar India Limited , a prominent real estate developer based in Nagpur, has made significant strides in both its financial structure and market position. The company recently approved a substantial preferential issue and secured a top ranking in a prestigious real estate list.

Preferential Issue Approval

The Preferential Issue Committee of Kesar India Limited has approved a preferential issue totaling Rs. 291.72 crore. This issue comprises three key components:

1. Fully Convertible Warrants: The company will issue 69,90,844 fully convertible warrants worth Rs. 244.68 crore at Rs. 350.00 per warrant to 39 allottees, including both promoters and non-promoters.

2. Promoter Group Warrants: An additional 12,57,142 warrants worth Rs. 43.99 crore will be issued to promoter group members Yash Gopal Gupta and Sangeeta Gopalchand Gupta. Notably, Rs. 10.99 crore will be adjusted against existing loans, while Rs. 32.99 crore will be received in cash.

3. Equity Shares: The company will issue 86,856 equity shares worth Rs. 3.04 crore to four non-promoter allottees.

All warrants are convertible to equity shares within 18 months at Rs. 350.00 per share. The company will seek shareholder approval for this preferential issue at its Annual General Meeting scheduled for August 28, 2025.

Key Details of the Preferential Issue

National Recognition

In a separate development, Kesar India Limited has achieved a significant milestone by ranking 6th in India for year-on-year revenue growth in the 2025 Grohe - Hurun India Real Estate 150 list. The company posted a 250% growth in FY 2024, making it the only company from Central India and Nagpur to feature in this prestigious listing.

Sachin Gopal Gupta, Managing Director of Kesar India Limited, commented on this achievement: "Being featured in a national listing of this magnitude is not just a recognition of numbers; it's a reflection of the hard work, discipline, and forward-thinking that drives our entire team."

This recognition positions Kesar India Limited at the forefront of Central India's transformation into a real estate powerhouse, highlighting its strategic vision and commitment to excellence in the industry.

The company's recent financial moves and market recognition underscore its growing influence in India's real estate sector, particularly in the Central Indian market. As Kesar India Limited continues to expand its operations and deliver value-driven developments across residential and commercial real estate, these developments are likely to strengthen its market position and investor confidence.

Kesar India Limited , a prominent real estate developer based in Nagpur, has achieved a remarkable milestone by securing the 6th position in India for year-on-year revenue growth in the prestigious Grohe - Hurun India Real Estate 150 list. The company's exceptional performance is highlighted by an impressive 250.00% revenue growth.

Central India's Real Estate Powerhouse

Kesar India Limited has emerged as a beacon of growth in the real estate sector, particularly in Central India. The company's inclusion in the Hurun India Real Estate 150 list is especially noteworthy as it stands as the sole representative from Central India and Nagpur in this esteemed ranking.

Remarkable Growth and Recognition

The company's Managing Director, Sachin Gopal Gupta, expressed his thoughts on this achievement, stating, "Being featured in a national listing of this magnitude is not just a recognition of numbers; it's a reflection of the hard work, discipline, and forward-thinking that drives our entire team." This sentiment underscores the company's commitment to excellence and strategic vision that has propelled it to the forefront of India's real estate landscape.

Diversified Portfolio

Kesar India Limited, formerly known as Kesar India Private Limited and Kesar Impex (India) Private Limited, operates in both residential and commercial real estate development. The company's ability to deliver value-driven development across these sectors has contributed significantly to its rapid growth and recognition.

Looking Ahead

As Kesar India Limited continues to make strides in the real estate industry, this recognition positions the company as a key player in Central India's transformation into a real estate powerhouse. The company's success story serves as an inspiration for other regional players and highlights the growing importance of tier-2 cities in India's real estate narrative.

The inclusion of Kesar India Limited in the Grohe - Hurun India Real Estate 150 list not only celebrates its financial success but also acknowledges its role in shaping the future of real estate development in Central India.