Godrej Industries gains with arm filing Draft Red Herring Prospectus with SEBI

20 Jul 2017 Evaluate

Godrej Industries is currently trading at Rs. 694.55, up by 18.35 points or 2.71% from its previous closing of Rs. 676.20 on the BSE.

The scrip opened at Rs. 680.00 and has touched a high and low of Rs. 698.80 and Rs. 677.75 respectively. So far 79,199 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 698.80 on 20-Jul-2017 and a 52 week low of Rs. 363.90 on 28-Nov-2016.

Last one week high and low of the scrip stood at Rs. 698.80 and Rs. 655.00 respectively. The current market cap of the company is Rs. 23,343.00 crore.

The promoters holding in the company stood at 74.77%, while Institutions and Non-Institutions held 17.98% and 7.25% respectively.

Godrej Industries’ subsidiary - Godrej Agrovet has filed a Draft Red Herring Prospectus dated July 18, 2017 with Securities and Exchange Board of India (SEBI) on July 19, 2017 in order to undertake an initial public offering of equity shares of face value of Rs 10 each.

The issue consists of fresh issue of the equity shares aggregating up to Rs 300 crore and an offer for sale of such number of equity shares by Godrej Industries aggregating up to Rs300 crore and up to 12,300,000 equity shares by V-Sciences Investments.

Godrej Industries is part of the Godrej group, one of the leading business groups in India and is in the businesses of Oleo-chemicals, surfactants, finance & investments and estate management.


Godrej Industries Share Price

778.50 6.15 (0.80%)
28-Mar-2024 15:31 View Price Chart
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