Mumbai: Realty company Ansal Properties and Infrastructure Tuesday said that it would raise Rs.203 crore through issue of shares and warrants on preferential basis.

The company will raise funds by issuing up to 1.65 crore warrants to promoters and promoter-groups, as well as 1.26 crore equity shares of Rs.5 each on preferential basis to IPRO Funds of Mauritius, the company said in a regulatory statement.