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GPL fund raising

Q: Godrej Properties Ltd (GPL) has planned to raise funds.. How and what for is it raising the fund?

gpl
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Replies (4)
1
Yes Kaushik, in July it had set up a Rs 770 crore investment and development platform for residential projects along with a consortium of global investors..
Nikhil Agarwal


2
GPL had used various fund-raising techniques earlier also.. I think recently it had raised some big amount.. so what about that?
Kaushik Bardia


3
Hey guys, GPL sources state that commercial paper provides for better rates with a wider set of investors and better liquidity.
Vibhor


4
Hi Praveen, GPL is planning to raise Rs 200 crore by issuing commercial paper.
Nikhil Agarwal


5

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