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FIIs power DLF oversubscription
Wednesday, June 13, 2007 business-standard.com
(
Finance
)
Foreign investors seem to have ignored warning signals on real-estate by placing bids for over Rs 10,000 crore for the mega initial share offer by Delhi property developer DLF Ltd. This is more than the total initial public offering (IPO) size of Rs 9,625 crore at the upper price band of Rs 550 per share.
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DLF-IPO
Foreign-Investors
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