DLF fixes IPO price band
May 25, 2007
Stock Market
DLF has announced a price band of Rs.500-550 per share for its upcoming IPO, where they have offered 17.5 crore equity shares of Rs 2 each through a 100 per cent book-building process.
DLF expects to raise approximately Rs.9625 crore at the top end of the price band. The issue will be open from June 11 – 14.
This issue has been in the offing for almost a year now. The company was forced to postpone their plans of going public at the time due to objections raised by minority shareholders.




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