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Godrej Properties raises Rs 64.60 crore through NCDs

10 Sep 2024 Evaluate

Godrej Properties has raised Rs 64.60 crore through allotment of 8.50% p.a., 6,460 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each.  Maturity of the said NCDs will be on September 10, 2029.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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