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DLF prices IPO at Rs 525
Saturday, June 16, 2007 business-standard.com
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Finance
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Delhi-based DLF Ltd has priced its initial public offer at Rs 525 a share, a discount of 4.5 per cent to the higher end of the price band of Rs 500-550. At the issue price, the offering size is Rs 9,187.5 crore. The shares are likely to be listed in the first week of July. The issue, which closed on Thursday, was subscribed 3.47 times due to prolific bidding by 300 foreign institutional investors
Tags :
DLF-IPO
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