MoneyWorks4Me

DLF planning to raise Rs 1000 crore via NCDs

05 Mar 2020 Evaluate

DLF is going to consider offering of Listed Redeemable Secured Non-convertible Debentures (NCDs) aggregating Rs 1000 crore in one or more tranches. The meeting of the Finance Committee of the Board of Directors of the company is scheduled to be held on March 07, 2020, to consider 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 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.00
DLF 623.00
Oberoi Realty 1710.20
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