Godrej Properties parent company, Godrej Industries Limited, currently holds 80.26% of their equity share capital. Godrej Industries Limited is the listed flagship company of the Godrej group of companies.
I have expressed my view about parent company which is currently listed entity. If you are bullish on Godrej Properties, you can go ahead and buy. I don't have vested interest in this scrip. Send me sweets if you make profit.
sorry, no. 84. it was my mistake to think of ur quotes for godrej properties but it is for godrej industries. u may prove right.as the market is bullish these days, i think, chances of rise in this scrip is posible.
no. 84 ravi bangalore seems to be quoting the prices of some other scrip and not godrej properties.and if he is saying abt this issue, then god save his knowledge. in the grey market the scrip is quoting a premium of around rs. 30/
Hey guys buy godrej ind today which is a holding company of godrej property..what ever happens to godrej property but godrej ind will rise from here as negative opening of godrej property is already discounted into the price of godrej Ind..So if godrej property will open with premium godrej ind will spurt like anything..cheers
Godrej Properties has a good bookvalue more than double due to less equity than HDIl & DLF and EPS more than triple. it,s valuation awould be around 3 times of DLF & HDIL. so it may be list around in between 600-630
godrej is a very good brand. this issue comes after 15 years from godrej group.considering other issues, the no. of shares r not big. retail and hni have got less no. of shares because of under subscrition.hence big players will not sell off these shares in a hurry.godrej group says tht this company will be the fastest growing co. in the group. those who sold the shares of cox and king in the grey maket could not make money. so be patient and there r enough chances to make some money in this listing.
It might have issued at high price & may be fundamentally over-valued. However, at this stage, you cannot think of short-selling upon listing. At least it has to trade for half-an-hour or one-hour, then only investors can take informed decision about short-selling or even buying.
Q: A word on the real estate space and especially the primary markets now because a lot of Mumbai based real estate initial public offerings (IPO) are slated to come on in January and February. How do you sense they will be received?
A: Real Estate is a sector which is little bit of doldrums. A lot of these companies have been very highly leveraged. There is little bit of lack of transparency as we have seen in some of these cases. So I am still not too much bullish on the real estate sector. It can get negatively impacted by interest rate increase or due to tightening of the monetary policy if that happens.
The other issue is that a lot of IPOs are slated to come in January-February and could take away a lot of the liquidity from the secondary market. Hence, I would still be pretty cautious on the real estate sector.
This concludes thst the overall trend for godrej properties remain negative. Be-cautious and get out on listing
godrej properties has a valauble real estate assess & will list on 20% premium around 570-580 and not panic for sell it can include in portfolio for longterm investment