SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

DLF spurts on the plans of issuing fresh equity shares via IPP route

07 Mar 2013 Evaluate

DLF is currently trading at Rs 276.15, up by 6.60 points or 2.45% from its previous closing of Rs 269.55 on the BSE.

The scrip opened at Rs 269.00 and has touched a high and low of Rs 277.25 and Rs 266.15 respectively. So far 1448233 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 287.40 on 28-Feb-2013 and a 52 week low of Rs 169.55 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs 287.40 and Rs 248.65 respectively. The current market cap of the company is Rs 46713.45 crore.

The promoters holding in the company stood at 78.58 % while Institutions and Non-Institutions held 15.86 % and 5.56 % respectively.

Realty major DLF will be issuing fresh equity shares to dilute the promoter group holding in the company to meet SEBI norms of 25% minimum public shareholding. The company is planning to offer shares via Institutional Placement Programme (IPP) or other routes, as decided by its board of directors in a meeting held on March 6, 2013.

Promoter holding in the company currently stands at 78.58% stake and with this stake dilution; the holding will be reduced to 75%. The company is likely to offer over 8 crore shares, which will be worth Rs 2,100 crore at current market price.

Meanwhile, the company is reportedly planning to reduce its net debt by Rs 1,870 crore in the October-December 2013 quarter, thereby bringing it down to Rs 21,350 crore in the quarter from Rs 23,220 crore in the previous quarter. The reduction in debt in Q3 can primarily be attributed to the Mumbai NTC land deal struck in August 2012 with the Lodhas for Rs 2,700 crore. The company is depending on selling its stake in the wind business completely, that may gain it anotherRs 500-600 crore over the coming months.  

DLF Share Price

601.80 12.10 (2.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×