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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