Godrej Properties retains Amarchand Luthra Jones refiles IPO

The Mumbai offices of Amarchand Mangaldas are acting as the domestic legal advisors to Godrej Properties in their Initial Public Offering (IPO). Godrej had initially filed its draft red herring prospectus (DRHP) with the SEBI in June 2008, but withdrew the offering due to adverse market conditions. Amarchand\'s Capital Markets Partner Yash Asher is leading the transaction. The company is planning to raise around Rs. 600 crores ($127 million) through the public offering, which will be used to repay its debts, which currently stand at about Rs.


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