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Showing posts from November, 2021

Newsletter on Kolte Patil Developers

My Capital Choice We Invest Time Newsletter on Kolte Patil Developers Ltd. Business Overview Company is in real estate business (Residential & Commercial) with dominant presence in the Pune and growing presence in Mumbai and Bengaluru. Company markets its projects under two brands: 'Kolte-Patil’ (addressing the mid-income segment) ‘24K’ (addressing the premium luxury segment). The Company’s long-term bank debt and non-convertible debentures have been rated ‘A+ / Stable’ by CRISIL, the highest rating accorded by CRISIL to any publicly listed residential real estate player in India. The Company’s growth trajectory, internal processes and corporate governance practices have benefitted from partnerships with marquee financial institutions like KKR, JP Morgan Asset Management, Portman Holdings, ASK Capital, Motilal Oswal and ICICI Ventures. Over the years, KPDL has received multiple awards and recognitions including Asia’s greatest Brand 2017 by AsiaOne, The Economic Times – The