Marathon Nextgen Realty is currently trading at Rs. 660.60, up by 8.60 points or 1.32% from its previous closing of Rs. 652.00 on the BSE.
The scrip opened at Rs. 653.00 and has touched a high and low of Rs. 667.15 and Rs. 651.75 respectively. So far 32610 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 736.40 on 23-Sep-2024 and a 52 week low of Rs. 352.05 on 11-Mar-2025.
Last one week high and low of the scrip stood at Rs. 668.25 and Rs. 633.95 respectively. The current market cap of the company is Rs. 3385.63 crore.
The promoters holding in the company stood at 73.63%, while Institutions and Non-Institutions held 4.70% and 21.67% respectively.
Marathon Nextgen Realty (MNRL) has successfully completed a Qualified Institutions Placement (QIP), raising Rs 900 crore ($105 million). The QIP proceeds will primarily be used as growth capital, enabling the company to expand its development pipeline and invest in high-potential opportunities across the Mumbai Metropolitan Region. This capital infusion will further strengthen the company’s financial foundation with its net debt-to-equity ratio expected to reduce further from the current 0.46 following the planned debt reduction.
The QIP was executed through the issuance of 1,62,12,406 equity shares at Rs 555.13 per share (face value Rs 5 each). The offering, which closed on June 30, 2025, attracted strong participation from leading institutional investors including Quant Mutual Fund, Kotak Alternate Asset Managers, and Samco Mutual Fund, among others. This QIP has significantly enhanced MNRL’s institutional investor base, with Foreign Institutional Investor (FII) holding increasing to 9.9% and Domestic Institutional Investor (DII) holding rising to 16.66% post-issue.
Marathon Nextgen Realty focuses on residential and commercial segments.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
Marathon Nextgen Realty moves up on raising Rs 900 crore through QIP
