After its Rs 462-crore initial share sale, the real estate developer Godrej Properties said it plans to raise around Rs 3,000-crore through debt or equity to fund its expansion plans over the next two-three years.
Realty developer Godrej Properties on Tuesday listed at a premium of over 4 percent at Rs 510 on the Bombay Stock Exchange.
Godrej Properties Ltd`s Rs 500-crore
public offer has received good response from investors and the
issue got subscribed nearly four times on the final day of
subscription on Friday.
Godrej Properties Ltd (GPL), the
real estate arm of the Godrej group, has planned to come out
with its initial public offering (IPO) in next the ten months,
a top company official said.
Day in Pics: 30th August
August 30, 2014
Famous Ganesh Pandals in Mumbai