![](images/sepfull.gif) |
Hot Pursuit
27-Jun-23
|
![](images/sepfull.gif) |
|
|
|
|
|
Godrej Properties board to issue NCDs worth Rs 750 cr
|
The real estate developer said that its board has approved placement memorandum for issuance of rated listed unsecured redeemable non-convertible debentures (NCDs) worth Rs 750 crore.
|
|
|
The company will issue Series A and Series B debentures which includes 75,000 rated listed unsecured redeemable non-convertible debentures (NCDs) of face value of 1 lakh each aggregating to Rs 750 crore consisting of a base issue of 50,000 rated listed unsecured redeemable NCDs, aggregating to Rs 500 crore with an option to retain oversubscription of up to 25,000 rated listed unsecured redeemable NCDs, aggregating to Rs 250 crore.
Godrej Properties (GPL) is the real estate arm of the Godrej Group. In FY 2021, GPL emerged as the largest developer in India by the value and volume of residential sales achieved.
The company reported 58% rise in consolidated net profit to Rs 412.14 crore on 23.72% increase revenue from operations to Rs 1,646.27 crore in Q4 FY23 over Q4 FY22.
The scrip rose 0.09% to Rs 1,536.30 on the BSE.
|
|
Previous News |
Sensex jumps 580 pts; IT shares advance
(
Market Commentary
-
Mid-Session
23-May-24
12:32
)
|
|
Volumes spurt at Suven Pharmaceuticals Ltd counter
(
Hot Pursuit
-
01-Mar-24
11:00
)
|
|
Godrej Properties allots NCDs aggregating Rs 1160 cr
(
Corporate News
-
20-Sep-23
13:16
)
|
|
Godrej Properties Ltd Spurts 5.57%, S&P BSE Realty Index index Rises 1.43%
(
Hot Pursuit
-
10-Apr-23
09:30
)
|
|
Godrej Prop Q4 sales volumes rise 19% QoQ
(
Hot Pursuit
-
10-Apr-23
08:39
)
|
|
Volumes jump at Sobha Ltd counter
(
Hot Pursuit
-
04-Jan-24
11:00
)
|
|
Godrej Properties to hold board meeting
(
Corporate News
-
19-Jan-24
14:12
)
|
|
Godrej Properties sells over 600 homes worth Rs 2,600 crore at its Gurugram project
(
Hot Pursuit
-
26-Dec-23
08:33
)
|
|
Godrej Properties receives NCLT approval for scheme of amalgamation
(
Corporate News
-
12-Apr-22
21:13
)
|
|
Godrej Properties consolidated net profit declines 69.25% in the December 2020 quarter
(
Results
-
Announcements
04-Feb-21
12:23
)
|
|
Sunteck Realty Ltd Slips 4.57%, S&P BSE Realty Index index Shed 3.19%
(
Hot Pursuit
-
25-Oct-21
09:45
)
|
|
|
![](images/sepfull.gif) |
Other Stories |
![](images/sepfull.gif) |
|
|
|
|
|
|
|