Godrej Properties will launch its initial public offering ( IPO) in the next three months with fresh issue of 10 per cent shares, group Chairman Adi Godrej told reporters. “About 3.5 per cent shares will be available for pre-placement,” Godrej said on the sidelines of an indu…
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Godrej Properties expects to come out with IPO in two months
Posted on: September 1st 2009 in Press Releases.
Godrej Group’s realty arm Godrej Properties expects to hit the capital market in the next couple of months, if the current uptrend in the market continues. The company said it has already got clearance from Sebi for the IPO, which will involve fresh capital issue of 13.5 per cent s…
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