India, Feb. 14 -- Mumbai-based Della Group, which specializes in hospitality, luxury villas, and adventure parks, plans to launch an Initial Public Offering (IPO) by the end of 2025 or early 2026. The company intends to develop 1,000 luxury housing units across India over the next three years, with a projected revenue potential of Rs.3,000 crore, according to Jimmy Mistry, founder and chairman of Della Group.

The funds raised from the IPO will be used for further business expansion, including the development of luxury villas in prime second-home destinations such as Pawna Lake (near Lonavala), Igatpuri (a hill station near Nashik, Maharashtra), Alibaug (near Mumbai), the outskirts of Nagpur, Udaipur, and Goa, Mistry told HT.com

Currentl...