Analysis and Insights into the world of IPOs and investing in India

Friday, December 4, 2009

Godrej Properties IPO opens from December 9

Godrej Properties Limited (GPL), one of the leading real estate development companies in India based in Mumbai, Maharashtra, is coming up with an IPO of 9,429,750 Equity Shares of Rs. 10/- each. The IPO opens for subscription from Wednesday, December 9, 2009. The price band for the IPO is fixed at Rs.490/- to Rs.530/- per equity share

Godrej Properties parent company, Godrej Industries Limited, currently holds 80.26% of their equity share capital. Godrej Industries Ltd. is a listed company of the Godrej group of companies.

Stay tuned for more on Godrej Properties IPO!
Share:

1 comments:

  1. High Price. Don't Invest by Brand "Godrej". Check customer satisfaction & profit earning cabability. I'm the customer and making loss by buying "Woodsman Estate" property of Godrej in Bangalore, which is making loss. But half of the flats are empty and not finished. very poor quality.

    ReplyDelete

Blog Archive