Is Goldman Sachs sitting on multi-storied returns at Kolte-Patil Developers?
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Is Goldman Sachs sitting on multi-storied returns at Kolte-Patil Developers?

By Ankit Agarwal

  • 23 Mar 2021
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Is Goldman Sachs sitting on multi-storied returns at Kolte-Patil Developers?
Credit: Reuters

Pune-based real estate firm Kolte-Patil Developers has multiplied Goldman Sachs’ eight-year investment 1.45 times, excluding dividend income, shows a VCCircle analysis. In terms of internal rate of return, the investor is sitting on roughly 7.2% IRR in rupee terms before accounting for statutory levies, transaction costs and dividend income. The VCCircle estimates ......

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