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DLF plans to raise Rs 5,000 crore via debentures

05 Aug 2014 Evaluate

DLF, one of the largest real estate companies in India is planning to raise Rs 5,000 crore by way of private placement of non-convertible debentures. The company is currently waiting for shareholders’ approval for this proposal as well as to reduce the borrowing capacity of the company to Rs 30,000 crore from earlier Rs 50,000 crore. Meanwhile, in order to augment long-term resources for business needs through issue of NCDs, the company may offer to invite subscription for NCDs in one or more tranches.

Recently, the company has reported 51.62% growth in Q1FY15 net profit of Rs 72.64 crore as against Rs 150.16 crore in the corresponding quarter of the previous year. Its total income has decreased by 26.54% to Rs 762.38 crore for the quarter under review from Rs 1037.83 crore for the corresponding quarter of the previous year.

DLF Share Price

595.85 -5.95 (-0.99%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 855.85
Dilip Buildcon 450.15
DLF 595.85
Oberoi Realty 1695.70
Ahluwalia Contract(I 833.35
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