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DLF raises Rs 1,863 cr via IPP; fixes issue price at Rs 230 DLF raises Rs 1,863 cr via IPP; fixes issue price at Rs 230 Realty major DLF has raised Rs 1,863 crore through issue of over 8.1 crore fresh shares to institutional investors, enabling the company to dilute promoters stake to 75 percent in line with SEBI's minimum public shareholding norms.
DLF's institutional placement fetches over Rs 1,863 cr DLF's institutional placement fetches over Rs 1,863 cr Realty major DLF on Wednesday said it has raised more than Rs 1,863 crore through issue of shares to institutional investors.
DLF's share sale oversubscribed 1.3 times DLF's share sale oversubscribed 1.3 times Realty major DLF's offer for sale of 8.1 crore equity shares to institutional investors has been oversubscribed by 1.3 times, which will help it raise Rs 1,888 crore at the upper band.
DLF to raise up to Rs 1,888 cr via share sale DLF to raise up to Rs 1,888 cr via share sale The issue of shares via institutional placement programme (IPP) is being done to meet market regulator SEBI's guideline on minimum 25 percent public shareholding by June 30 for private sector listed companies.
DLF sells 32-acre plot in Hyderabad for about Rs 650 cr DLF sells 32-acre plot in Hyderabad for about Rs 650 cr The company has signed an agreement with local builder Suvarnabhoomi Developers to sell this plot, sources said.
DLF to raise upto Rs 1,888 cr via share sale, fixes price band DLF to raise upto Rs 1,888 cr via share sale, fixes price band The company has fixed a price band of Rs 222-233 per share for its 8.1-crore share offer.
DLF starts process of sale of up to 8.1 crore shares via IPP route DLF starts process of sale of up to 8.1 crore shares via IPP route DLF has a land bank of 6,175 acre, with an aggregate estimated development potential of about 332.4 million sq ft.
DPLI launches savings-cum protection plan DPLI launches savings-cum protection plan The policy can be bought even at the age of 55 or 60 which will mature when the policyholder turns 75, the maximum maturity age.
DLF raises Rs 750 crore through bonds issue DLF raises Rs 750 crore through bonds issue Realty major DLF Thursday raised Rs 750 crore through issue of bonds and funds would be utilised for development of its housing and commercial projects.
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