Skip to main content

MoneyWorks4Me

DLF to offer 17.30 crore shares on private placement basis

13 Dec 2018 Evaluate

DLF has received approval to offer upto 17.30 crore equity shares of Rs 2 each in one or more tranches by way of private placement, including Qualified Institutions Placement (QIP). The Board of Directors of the company at its meeting held on December 12, 2018 has approved the same.

DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.

Peers
Company Name CMP
Lodha Developers 1039.50
Prestige EstatesProj 1432.80
Dilip Buildcon 379.00
DLF 694.35
Oberoi Realty 1655.00
View more..