Godrej Properties Limited IPO Message Board (Page 5)

Let us all be united (the investing public) and not subscribe to the overpriced issues like JSW Energy and Godrej Properties. See the result in JSW Energy. The promoters should be taught a lesson and make them withdraw their IPO`s because they think we have our hard earned to make them wealthy and pay them any price they ask for.
Only after 1 or 2 issues get bombed or boomeranged the promoters will learn lessons to leave something on the table for retail investors and not eat the whole cake themselves only.
Its high time the regulators should also put a strict vigil or rules so that the retail investors get something from investing in the IPO`s.

Dont invest in this IPO ...already real estate shares we can get from secondary market at cheaper rate ,then this price ...Buy Bharti Airtel ..it can give you good return on short term ..

Hey i don't know why retail investors r so eager to invest their hard earned money in such IPO where there r chances of their money being half. Instead of that v should invest in stocks from the market. The merchant bankers & the companies r pricing their issues so high that the valuation cannot be justified & on top they offer a discount of Rs. 10 or 2/- implying v r beggars. Its high time to teach such people a good lesson. Everyone should co-operate so that they learn a lesson

i think godrej is good issue and not fill cut off price but you can go 490 or 500 price.

what are todays subscription figures?

Fair Value on FY 2009 earnings seen at Rs.196.

The company is priced at an Enerprise Value per million sq ft of Rs.458. However, taking into consideration only land under development / construction, the EV per million sq ft is Rs.306.

IPO pricing is expensive and leaves no room for price appreciation. Being a new entrant, the company must come at a discount to its peers to provide some upside to investors. Refrain from this offer.

It is good long-term investment bet around Rs.225.

OPPORTUNITY

Has a strong parentage of the Godrej group, which is one of the oldest and reputed corporate houses of the country. As part of the Godrej group, the company naturally gets joint development rights for sizeable land parcels owned by various group companies as well better leverage of its brand name with others. Being part of the group, the company could leverage on the strong and trusted brand of Godrej. This will facilitate its entry into new markets relatively easier. Further the association with the Godrej group will also facilitate attracting financial and intellectual resources on reasonable terms.

THREAT

It does not own “Godrej” brand. It has to pay 0.5% of the Sales to Godrej Industries to use the brand.

There are many new issues lined up from this sector, which will continue to increase supply even when the sector itself remains out of fancy.

Of the total developable area, about 3.05 million sq ft is under litigation. There are about 21 litigations against the company including two criminal proceedings.

dusra oil india he ye. sab mana karte rah jayege aur ye badta hi rahega.

Please!!!!!!!!!

Do not apply to this IPO as a retail investor. Listing will be below 300 for sure. Realestate is down and will not come up in the near future.

Keep your maney in bank or invest in some good stocks.

Godrej Properties Limited operates as a real estate development company in India. The company's township portfolio comprises integrated townships, including residential and commercial developments in Mumbai Metropolitan region, Pune, Bengaluru, Kolkata, Hyderabad, Ahmedabad, Mangalore, Chandigarh, Chennai, and Kochi.

As of October 15, 2009, Godrej Properties had total land reserves of 391.04 acres, aggregating to approximately 82.74 million square feet of developable area and 50.21 million square feet of saleable area.

The goodwill of the company is good, but not in the realty sector. With the track record of other godrej companies and efficient management, one can get into the investing in the stock, but at around 300 to 330 levels and not at the current levels.

The company at the issue price is trading at PE of above 34 times. Better to avoid the script at the current level. The script will be sure available in the market after listing around 300-350 levels and try to accumulate around that levels.

HDIL and Orbit Corp. look better in the realty space. If any one interested in realty stocks better to invest in HDIL and Orbit Corp. after a some correction. They will offer some good returns.

And this is what i am trying to say in post no 34.

Those who have not watched the interview, please read it and form your opinion about the pricing.

http://www.moneycontrol.com/news/ipo-issues-open/see-ebitda-margins-at-30-35-godre_429798.html

Guys just check out the link below

http://www.moneycontrol.com/news/ipo-issuesopen/see-godrej-propertiesfair-price-at-rs-400udayan_429796.html?utm_source=MCARTICLE_NORM_01DE

good brand, future business secured with the agreement to develope godrej group's land, and the news of making this company the front runner in the group inspires to apply for the ipo.

ye sab ipo ki listing de din vaat lagney wali hai...kyukigodrej property aapko chahiye to thoda wait karna...ye aapko 240 to 270 ke bich jarur milega...

A sure shot APPLY...retail investors go by wht analyst say..but try to understand guys the entire MODEL of godrej properties is different..& definately not like DLF & UNITECH...with this kind of model which godrej is offering..its a steal at this price...again genuine investors...dont go by analyst's...they r not here for CHARITY & genuine advice..every good advice comes for money ...world is like that..wht comes for free is just bull sht :)

Yet another greedy promoter. Avoid !!

now capital market as well as tulsian have become unreliable.do not go by them. beware.

godrej Certainly not apply.
Chance of Rs 10 gain but for loss more than Rs 50-100/

People who would have watched the interview of Godrej Property chief (I do not remember the name) and with Sanju Verma, i am convinced not an IPO to invest. Highly recommended not to apply into it.

All these high priced IPO;s will create a crash in secondary market

the ipo rate is very high.reconsider it