Godrej Properties Limited IPO Message Board (Page 7)

Fair value is rs 50 only,look ivr prime ipo issue prise 550 and after lesting lover cercet at rs 23 only.

UK-based brand valuation consultancy firm, Brand Finance had carried out a brand valuation report for Godrej Properties.The company has been valued at about Rs 4,690 crore. On the basis of above valuation, per share valuation of Godrej Properties comes to Rs. 670 apps. So apply for IPO for handsome gain

see 2012 movie.The first city which will go under water is great mumbai and all the properties of godrej properties will become 000000000000000000, so with cool mind if you want your money floting under water than you must invest the greatttttttttttt IPO of godrej properties

As I already mentioned that price will not be less than 450 Now it is confirm that they have come up with 490 to 530 price range.If this IPO whould have come up in 2007 along with other real estate IPO then price whould have been above Rs 700 & company made that intention clear by issuing rights shares to promoter around that price during that time.

Book Value per share for godrej is around 50 Rs per share.In that respect its value is about 10 times the book value which is on the higher side.But there is one point that company has around 400 acre of land which has been put at cost in its balance sheet.That value might have appericated over the period of time but that is not sure how much value that might have gained.Accordingly book value can change.

Regarding Earning 08-09 Earnings are around 16 per share with that respect P/E ratio comes out to be about 31-32.But if we see 2009-2010 they have hardly launched any property in last 6 months thats why their H1 2009-10 earning stood around 80 paisa per share.

Godrej Properties sets IPO price band at Rs 490-530/sh What to do ???

as per bse side news ipo price is 490-530.

Its issue price will not be less than Rs 450.

Anyone knows how ICRA gives rating.Does it give rating to the company fundamentals or based on IPO pricing.I have observed that companies which have been rating 1 or 2 have given huge upside like Edserv,thinksoft etc incomparsion to the one who have been awarded 3 or 4 rating.

All i know is that Ramesh Damani was looking forward for this issue and he was very much upbeat on it. Also if ICRA has rated the IPO as 4, then the business sense should have fundamental value. Let us see, how they have valued this IPO.

Do not expect profit from this company

Godrej apperas to reward investors. so at list somethin you can expect on listing.

Is this another issue like MBL ??
Anybody has opinion on Godrej Property and Dainik Bhaskar IPO ??