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Investcorp-backed NDR Warehousing lists InvIT after $106 mn issue

NDR Warehousing Pvt. Ltd, an Indian warehousing company backed by Bahrain-based alternative investment firm Investcorp, has listed the South Asian nation’s first perpetual warehousing and .. ....

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Warehousing company NDR buys land across cities, plans infrastructure investment Trust

"The total cost of development, including land, amounts to approximately ₹500 crore, and all payments have been completed with the land being duly registered. The company is also in discussions with both global and domestic partners about securing long-term capital. We anticipate finalising the transaction by October this year," stated Krishnan S Iyer, CEO, NDR InvIT. ....

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NDR Warehousing secures ₹500 crore from Investcorp

A part of NDR group, NDR Warehousing was established in 1986. Under its managing director N Amrutesh Reddy, the company has experienced significant expansion, boasting a portfolio of 33 warehouses spanning 16.91 million sqft of leasable area across 12 cities. The firm plans to add 4-5 million sq ft per annum to expand its warehousing and industrial parks across the country. ....

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