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.
Objects of the Issue:The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Acquisition of land development rights for Forthcoming Projects;2. Construction of their Forthcoming Project;3. Repayment of loans; and4. General Corporate Purposes.
»» Issue Open: Dec 9, 2009 - Dec 11, 2009
Godrej Properties Ltd GPL IPO Grading / Rating
ICRA has assigned a 'ICRA IPO Grade 4' [Grade Four] to the proposed IPO issue of Godrej Properties Ltd (GPL). 'ICRA IPO Grade 4' indicates above average fundamentals. ICRA assigns IPO grades on a scale of Grade 5 to Grade 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the ICRA IPO Grading Document for Godrej Properties Ltd .
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Godrej Properties IPO Messages (Godrej Properties IPO Comments)
kyu bhai log...analyst logo ne tum log ko MAMA banaya..aur khud chap liya..ha ha ha they fooled retail investors
Sold JSW Energy at 116, Godrej at 581.
MUMBAI (Reuters) - Infinite Computer Solutions (India) Ltd said on Tuesday it has fixed a price band of 155-165 rupees a share for its initial public offering (IPO) of 11.5 million shares to raise up to 1.9 billion rupees.
Post No.128. Only intra-day call. Not for positional trade.
Godrej Properties 538- Below 538, 531-530 area, 528-525 area or even 522. Stop-loss 542.
123. CONTRA THINK
AT 535 NOW LOOKS WILL FALL BELOW ISSUE PRICE SOON. SELL IMMEDIATELY FOR THES MEAGRE PROFIT OTHERWISE IT WILL BE IN BIG LOSS
Book profit.Try to pick around @ Rs.450/-
no. 90 ravi, bangalore . good day for me. u asked me for sweets if i make profit in this ipo. price is rs. 560/ justnow a cool premium of rs. 70/
Now at 575...Muaaaa
Godrej listed @511
godrej ipo hni and reatailar portion underscriber.so most of share given to qib. therefor one game show. so it will listed at 522. and then it will go up.
Sell whatever primium you get. It is costly.
DLF 35 P/E
All reality stocks are down their issue price.