Godrej is one of the most popular companies and it was incorporated in 1990. Here you can get the information of Godrej properties Limited IPO and allotment status, listing & refund of Godrej IPO. The base of Godrej Properties Limited (GPL) is in Mumbai, Maharashtra. Godrej Properties Ltd has set the price band of Rs 500-crore initial public offer (IPO) between Rs 490 and Rs 530 per equity share.
Public issue will open between December 9 to 11 and the face value of the shares is Rs 10. Godrej Properties is endorsed by Godrej Industries and Godrej & Boyce Manufacturing Company and it plans to use proceeds from the issue mostly to purchase land and to repay debt.
Objects of the Issue: The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to
- General Corporate Purposes
- Acquisition of land development rights for Forthcoming Projects
- Construction of their Forthcoming Project
- Repayment of loans
Issue Open: Dec 09, 2009 - Dec 11, 2009
Issue Type: 100% Book Built Issue IPO
Issue Size: 9,429,750 Equity Shares of Rs. 10
Issue Size: Rs. 462.06 - 499.78 Crore
Face Value: Rs. 10 per Equity Share
Issue Price: Rs. 490 - Rs. 530 per Equity Share
Market Lot: 13 Shares
Minimum Order Quantity: 13 Shares
Listing At: BSE, NSE
Allotment status is up coming. You can check allotment status, listing & refund of Godrej IPO at www.chittorgarh.com.
You Might Also Like :