MoneyWorks4Me

DLF eyeing to raise Rs 5,000 crore through NCDs

23 Jun 2015 Evaluate

DLF, the country’s largest real estate firm, has proposed to raise up to Rs 5,000 crore via Non-Convertible Debentures (NCDs), including other debt securities, on private placement basis. This step has been taken in order to augment long-term resources for business needs and to reduce reliance on the banking system.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation.


Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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