Public property

Godrej Properties Limited, the realty arm of Godrej Industries Limited, launched its IPO (Initial Public Offer) in December 2009, with a price band of Rs 490-530 per equity share of Rs 10. The Rs 500-crore public issue "got subscribed nearly four times on the final day of subscription,” states www.livemint.com

A subsidiary of Godrej Industries Limited, the company has a presence in 10 cities in India and holds a good land bank.