Godrej Properties files DRHP for Rs600 crore IPO

Godrej Properties files DRHP for Rs600 crore IPO
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First Published: Fri, May 30 2008. 02 55 PM IST
Updated: Fri, May 30 2008. 02 55 PM IST
PTI
Mumbai: Godrej Properties filed a draft prospectus with market regulator Sebi on 30 May, for its initial public offering, estimated to raise up to Rs 600 crore.
Godrej Properties, where Adi Godrej led-Godrej Industries owns a majority stake along with the family, plans to deploy the fund for acquisition of land for future projects.
Kotak Securities and ICICI Securities are the lead managers for the public issue.
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First Published: Fri, May 30 2008. 02 55 PM IST