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Godrej Industries IPP oversubscribed

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 4:33 AM IST

The institutional placement programme (IPP) of leading fast moving consumer goods firm Godrej Industries on Tuesday received encouraging response from investors as the share-sale received bids for 26.24 million shares as against a maximum of 17.23 million on offer. The company had set a price band of Rs 210 and Rs 235 per share. A the top end of the price band the company will raise Rs 405 crore.

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First Published: Jul 25 2012 | 12:01 AM IST

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