* - Tentative Dates
The right issue aims to raise money for the below objectives;
Rainbow Foundations is engaged in the business of identifying, developing, and promoting highly potential real estate for the purpose of development and selling commercial and residential apartments in various places of Tamil Nadu.
The company is in the business of real estate development in India that constructs flats, commercial complexes, villas, and also develops and markets plots and lands in India. It has already constructed apartments and independent houses in Chennai. Rainbow Darshan, Rainbow Apartments, Rainbow Nikethan, Rainbow Naveen, Rainbow Court, Rainbow Ashish are a few of the successfully completed residential projects. Rainbow Girnar, Rainbow Crystal Height, Rainbow Trade Centre, Rainbow Sarala Avenue, and Rainbow Adarsh are the ongoing construction projects, while It also has proposed construction projects in Choolai and Purasawalkkam.