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Open
9 Dec 2009
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Close
11 Dec 2009
3
Allotment
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Listing
Tue, Jan 5, 2010
Price Band
₹490 to ₹530
Issue Size
94,29,750 shares (agg. up to ₹469 Cr)
Lot Size
13 Shares
Listing Date
Tue, Jan 5, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.56x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of land development rights for our Forthcoming Projects | 444.82 |
| 2 | Construction of our Forthcoming Project | 100.84 |
| 3 | Repayment of loans | 172.00 |
About Godrej Properties IPO
Incorporated in 1990, Godrej Properties Limited (GPL) is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Godrej Properties currently have real estate development projects in 10 cities in India, which are at various stages of development. Company's business focuses on residential, commercial and township developments.Godrej Properties parent company, Godrej Industries Limited, currently holds 80.26% of their equity share capital. Godrej Industries Limited is the listed flagship company of the Godrej group of companies.Godrej Properties entered into their first project in 1991. Initially their operations is in the Mumbai Metropolitan region and later expanded to other cities such as Pune, Bengaluru, Kolkata, Hyderabad, Ahmedabad, Mangalore, Chandigarh, Chennai and Kochi. As of October 15, 2009, they have completed a total of 23 projects comprising 16 residential and seven commercial projects, aggregating approximately 5.13 million sq. ft. of Developable Area.+ Read More
Contact Details
Godrej Properties Ltd. AddressGodrej Bhavan4th Floor4A Home Street FortMumbai, Maharashtra, 40000791-22-66510200secretarial@godrejproperties.comVisit Website