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Editor's take: The week that was — Sept 13-18

Editor's take: The week that was — Sept 13-18
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GIC backs Godrej Properties QIP with USD 110 mn investment


New investor Invesco Developing Markets Fund invests USD 150 mnGodrej Properties announced that the company raised Rs 3750 crore through the QIP route.
The company saw a strong mix of investors with nearly 90% of the book being
allocated to long only investors. GPL s largest existing external shareholder,
GIC, strongly backed the QIP with an investment of USD 110 million while the
largest investor in the QIP was a new investor, Invesco Developing Markets
Fund and certain other funds managed by Invesco Advisers, Inc., that is
investing USD 150 million.
GPL has identified several growth opportunities and intends to use the net
proceeds received from this issue for augmenting long term capability building and scaling the business rapidly in the years to come. ....

Godrej Properties , Invesco Developing Markets Fund , Invesco Advisers Inc , Invesco Developing Markets , Invesco Advisers , Capital Market , Alternative Investment Management Companies , Business Organizations , Invesco Perpetual , Real Estate Rental , Development Amp Operations Nec , Investment Management Amp Fund Operators Nec , Markets Fund , கோதுரேஜ் ப்ராபர்டீஸ் , இன்வெஸ்கோ வளரும் சந்தைகள் நிதி , இன்வெஸ்கோ வளரும் சந்தைகள் , மூலதனம் சந்தை , மாற்று முதலீடு மேலாண்மை நிறுவனங்கள் , வணிக ஆர்கநைஸேஶந்ஸ் , இன்வெஸ்கோ நிரந்தர , ரியல் எஸ்டேட் வாடகை , வளர்ச்சி ஆம்ப் செயல்பாடுகள் கழுத்து , முதலீடு மேலாண்மை ஆம்ப் நிதி ஆபரேட்டர்கள் கழுத்து , சந்தைகள் நிதி ,