Tag: Godrej Group

Report on Godrej Properties

Last Monday, Adi Godrej, Group Chairman of the realty developer Godrej Properties admitted that on June 30, their net debt was reduced to Rs. 4 billion. He added that the balance sheet is really comfortable with the debt equity ratio of 0.5: 1. As per the data revealed by Managing Director of Godrej Properties, Milind […]

Land for Development: By Godrej in Mumbai

April 17, 2010 Godrej Group, Mumbai‚Äôs biggest landowner, is likely to release by the end of this year in Vikhroli, a prime 35-acre chunk. In the recent path, this could be one of the largest drapes of unencumbered realty hitting the market. In the eastern suburbs, most of the large industrial plots sold to developers […]

Godrej Properties Files DHRP With SEBI

Godrej Properties Ltd, Real estate arm of the Godrej Group, declared that it has filed the Draft Red Herring Prospectus (DHRP) with SEBI for an IPO of approx seven million shares. According to a company statement, the firm proposes an IPO of 9,429,750 equity shares of ten rupees each through 100% book building process to […]