Thursday, December 10, 2009
GODREJ PROPERTIES IPO OVER-SUBSCRIBED
MUMBAI: Godrej Properties Ltd's public offer,
through which the realty developer expects
to raise up to Rs 500 crore,
got over-subscribed 1.13 times
on the first day of issue on Wednesday.
The IPO received bids for over 87.68 lakh shares
of the company against 77.32 lakh equities on
offer for public, the latest data with the National Stock Exchange (NSE) shows.
Source: PTI
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