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DLF selects 8 banks to sell up to 8.1 crore shares

07 May 2013 Evaluate

DLF, country’s largest real estate developer, is planning to sell up to 8.1 crore shares and has mandated 8 banks for the institutional placement sale. Further the price range and size of the issue are yet to be determined. The selected banks are Bank of America-Merrill Lynch, Deutsche Bank, JPMorgan and Standard Chartered, along with CLSA, HSBC, Kotak, and UBS to handle the sale.

DLF, founded by billionaire Kushal Pal Singh, has a land bank of 10,255 acres, the biggest in the real estate sector. At its peak, its debt pile stood at Rs 23,000 crore.

DLF Share Price

645.00 2.10 (0.33%)
07-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 1210.00
Dilip Buildcon 449.55
Sobha 1341.35
Oberoi Realty 1777.00
Ahluwalia Contract(I 824.05
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