24 May 08 Godrej Properties IPO
Godrej Properties IPO is likely to open for subscription in June 2008. Ahead of the IPO, the company is in the midst of a heavy brand building exercise. Godrej Properties has signed up as a sponsor for the IPL in order to build its brand ahead of the 600 crore IPO next month. Godrej Properties will use the proceeds from the IPO to fund its expansion plans and is likely to enter the lucrative Chennai, Goa, Kochi and NCR markets. Godrej Properties IPO subscription date and the price band for the IPO will be updated here as soon as the same has been announced by the company.
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