DLF starts sale of shares via IPP route
11 years, 10 months ago

DLF starts sale of shares via IPP route

The Hindu  

Realty major DLF has filed an offer document with SEBI for issue of up to 8.10 crore equity shares, worth Rs. As per the red herring prospectus, the country’s largest real estate firm will issue up to 8,10,18,417 equity shares of face value of Rs. Last month, DLF’s shareholders approved the sale of fresh equity shares to meet market regulator Sebi’s norms of 25 per cent minimum public shareholding in a listed firm. On the front of sale of non-core businesses, DLF has been able to divest its three major assets - land parcel in Mumbai, hospitality chain Aman Resorts and wind energy.

India Company Issue Crore Dlf  sold  rs  starts  issue  company  shares  wind  crore  dlf  equity  india  route  sale  ipp

History of this topic

DLF stock rises 3%, rallies for second consecutive day after posting strong Q3 earnings; Buy or sell?
2 months ago

DLF stock rises 3%, rallies for second consecutive day after posting strong Q3 earnings; Buy or sell?

Live Mint  

DLF share price remained in the spotlight on Tuesday's trading session after the stock continued its gaining streak for the second consecutive day. DLF stock rose as much as 3.4 per cent on January 28, finally ending the day at ₹727.80 on National Stock Exchange. On Monday, the DLF shares surged over 5 per cent to an intraday high to …

DLF Q3 results: Net profit up by 61% to ₹1,059 crore; The Dahlias helps realty major to surpass FY25 sales guidance
2 months ago

DLF Q3 results: Net profit up by 61% to ₹1,059 crore; The Dahlias helps realty major to surpass FY25 sales guidance

Hindustan Times  

Real estate major DLF on January 24 reported a 61% increase in its consolidated profit to ₹1,058.73 crore for the third quarter ended December 31, 2024. Real estate major DLF on January 24 reported an almost 61% increase in its consolidated profit to ₹ 1,058.73 crore for the third quarter ended December 31, 2024. DLF's housing business continues its growth …

Upcoming IPO: Rekha Jhunjhunwala-Backed Bazaar Style Retail Submits Papers For Maiden Offer, Check Details
7 months ago

Upcoming IPO: Rekha Jhunjhunwala-Backed Bazaar Style Retail Submits Papers For Maiden Offer, Check Details

ABP News  

Bazaar Style Retail, backed by Rekha Rakesh Jhunjhunwala, submitted the red herring prospectus with the Securities and Exchange Board of India for its initial public offering. The prospectus of the company showed that the maiden listing includes a fresh issue of equity shares worth Rs 148 crore and an offer-for-sale of 1.7 crore equity shares being sold by promoter group …

DLF profit up by 23% to ₹645.61 crore in Apr-June quarter
8 months ago

DLF profit up by 23% to ₹645.61 crore in Apr-June quarter

Hindustan Times  

Real estate major DLF Ltd on July 25 reported a 23% rise in its consolidated net profit at ₹645.61 crore in the first quarter of this fiscal on higher income. Real estate major DLF Ltd on July 25 reported a 23% rise in its consolidated profit to ₹ 645.61 crore in the first quarter of this fiscal on higher income. …

DLF sells properties worth Rs 2,040 crores in April-June; sales bookings remain flat
1 year, 8 months ago

DLF sells properties worth Rs 2,040 crores in April-June; sales bookings remain flat

India TV News  

Realty major DLF sold properties worth Rs 2,040 crore during the first quarter of this fiscal, mainly driven by demand for its luxury properties in Delhi and Gurugram. When contacted, DLF Group Executive Director Aakash Ohri said the sales bookings remained strong during the June quarter. According to an investor's presentation, DLF sold 13 units in 'The Camelias' housing project …

DLF to launch projects worth ₹20k crore, targets sale bookings of ₹12k cr
1 year, 10 months ago

DLF to launch projects worth ₹20k crore, targets sale bookings of ₹12k cr

Hindustan Times  

Realty major DLF Ltd will launch projects worth ₹19,710 crore for sale by March next year and aims to achieve sale bookings of around ₹12,000 crore in this fiscal on strong housing demand. On Friday, DLF reported that its sale bookings jumped more than two-fold to a record ₹15,058 crore last fiscal from ₹7,273 crore in the previous year. Buoyed …

DLF sells all 1,137 luxury flats worth Rs 8,000 crore in 3 days
2 years ago

DLF sells all 1,137 luxury flats worth Rs 8,000 crore in 3 days

Deccan Chronicle  

New Delhi: Realty major DLF Ltd on Thursday announced the sale of its entire luxury project in Gurugram, comprising 1,137 flats each costing Rs 7 crore and above, for over Rs 8,000 crore within three days, reflecting a strong demand for premium flats across major cities. In an interview, DLF CEO Ashok Tyagi and group executive director Aakash Ohri described …

Sebi extends approval to THESE four companies for initial public offerings
2 years, 5 months ago

Sebi extends approval to THESE four companies for initial public offerings

India TV News  

Markets regulator Sebi has given its nod for the proposed initial public offerings of four companies -- BIBA Fashions Ltd, Keystone Realtors Ltd, Plaza Wires Ltd and Hemani Industries Ltd. The proposed IPO comprises fresh issuance of equity shares worth Rs 90 crore and an Offer For Sale of 2.77 crore equity shares by the promoter and existing investors, as …

Govt Seeks EoIs for Sale of Pawan Hans Once Again, Shortlisted Bidders to be Intimated by February 17
4 years, 3 months ago

Govt Seeks EoIs for Sale of Pawan Hans Once Again, Shortlisted Bidders to be Intimated by February 17

News 18  

After repeated failed attempts to disinvest public sector helicopter service provider, Pawan Hans, the Central government has again initiated the process of its sale and has sought expressions of interest for the Mini Ratna company. Around 2,84,316 equity shares are held by the President of India, through Ministry of Civil Aviation, aggregating to 51 per cent of the total paid-up …

Centre to Divest up to 15% Stake in Hindustan Aeronautics Via Offer For Sale
4 years, 7 months ago

Centre to Divest up to 15% Stake in Hindustan Aeronautics Via Offer For Sale

News 18  

The government will sell up to 15 percent stake in Hindustan Aeronautics Limited via offer for sale. While the government proposes to sell 3,34,38,750 equity shares representing 10 per cent paid-up share capital of the company, there is an option to sell an additional 5 per cent stake or 1,67,19,375 equity shares. “…in event the Oversubscription Option is exercised, the …

In portfolio rejig, Singapore government sells 6.8 cr shares of DLF for Rs 1,298 cr
5 years, 11 months ago

In portfolio rejig, Singapore government sells 6.8 cr shares of DLF for Rs 1,298 cr

India TV News  

Singapore government on Monday sold 6.8 crore shares of realty giant DLF for Rs 1,298 crore through open market transaction, with its stock price tumbling sharply by over 8 per cent. In a bulk deal transaction on the NSE, Singapore government has sold nearly 6.8 crore shares of DLF at Rs 191.01 per share, translating the deal at Rs 1,298 …

DLF to raise Rs 3,200 crore via QIP in a bid to become debt-free; issue subscribed two times
6 years ago

DLF to raise Rs 3,200 crore via QIP in a bid to become debt-free; issue subscribed two times

Firstpost  

DLF launched its qualified institutional placement offering up to 17.3 crore shares to investors New Delhi: Realty major DLF’s QIP issue has been oversubscribed by two times, enabling the company to raise around Rs 3,200 crore. On Monday, DLF, the country’s largest real estate firm in market value, had launched its qualified institutional placement offering up to 17.3 crore shares …

DLF launches QIP to raise over Rs 3,000 cr with an aim to become debt-free company; shares down 3.49%
6 years ago

DLF launches QIP to raise over Rs 3,000 cr with an aim to become debt-free company; shares down 3.49%

Firstpost  

According to a regulatory filing, DLF has launched its QIP on Monday and the floor price has been fixed at Rs 193.01 per equity share. New Delhi: Realty major DLF on Monday launched its QIP offer to raise over Rs 3,000 crore by selling 17.3 crore equity shares to qualified institutional investors. With an aim to become a debt-free company, …

DLF to invest over ₹ 1,400 crore in Gurugram project
6 years, 6 months ago

DLF to invest over ₹ 1,400 crore in Gurugram project

Live Mint  

New Delhi: Realty major DLF Ltd will invest over ₹ 1,400 crore to develop a commercial project in Gurugram after the firm received environmental clearance to expand the office space by nearly 1 million square feet. The Haryana government has increased the floor area ratio in its new transit-oriented development policy and DLF had applied for development of increased built-up …

DLF vice-chairman Rajiv Singh, wife sell company's shares worth Rs 351-cr to another promoter
6 years, 6 months ago

DLF vice-chairman Rajiv Singh, wife sell company's shares worth Rs 351-cr to another promoter

Firstpost  

According to block deal data available with the NSE, Rajiv Singh sold 70 lakh shares of DLF, while his wife Kavita offloaded 92 lakh shares of the company New Delhi: DLF Vice Chairman Rajiv Singh and his wife Kavita on Thursday offloaded 1.62 crore shares of the realty major for over Rs 351 crore to another promoter entity. According to …

DLF looks to raise Rs3,500 crore via debentures, warrants to promoters
7 years, 3 months ago

DLF looks to raise Rs3,500 crore via debentures, warrants to promoters

Live Mint  

New Delhi: Realty major DLF’s shareholders on Wednesday approved an issue of debentures and warrants to promoters in lieu of Rs11,250 crore equity infusion into the company to reduce company’s net debt significantly. The shareholders, at an extra ordinary general meeting held on Wednesday, approved company’s plan to sell shares through public issue or private placement to institutional investors. On …

DLF promoters conclude Rs 9,000-cr deal with Singapore's sovereign wealth fund GIC
7 years, 3 months ago

DLF promoters conclude Rs 9,000-cr deal with Singapore's sovereign wealth fund GIC

Firstpost  

Realty major DLF’s promoters have concluded the sale of 33.34 percent stake in rental arm to Singapore’s sovereign wealth fund GIC for nearly Rs 9,000 crore New Delhi: Realty major DLF’s promoters have concluded the sale of 33.34 percent stake in rental arm to Singapore’s sovereign wealth fund GIC for nearly Rs 9,000 crore. With the closure of this deal, …

Monetising assets: DLF sells Saket shopping mall to its wholly-owned arm for Rs 904 crore
9 years ago

Monetising assets: DLF sells Saket shopping mall to its wholly-owned arm for Rs 904 crore

Firstpost  

Move in line with the strategy to structure ownership of existing assets in order to facilitate potential monetisation either through REITs or otherwise in future India’s largest realty firm DLF today sold its shopping mall at Saket in the national capital to its wholly-owned subsidiary for Rs 904.5 crore as part of its strategy to consolidate and monetise the rental …

Entrepreneur-turned-housewives: Here's how SAT overturned Sebi's DLF ban
10 years ago

Entrepreneur-turned-housewives: Here's how SAT overturned Sebi's DLF ban

Firstpost  

All in all the ruling comes as a blow to SEBI which has stepped up its efforts to curb market manipulation Debt-laden Indian property developer DLF Ltd has won its appeal against a three-year ban from accessing capital markets imposed by the market regulator, a decision that overturned the country’s harshest ever regulatory punishment. 3) It was an individual complainant, …

Tribunal quashes Sebi order against DLF, stock zooms - IndiaTV News
10 years ago

Tribunal quashes Sebi order against DLF, stock zooms - IndiaTV News

India TV News  

New Delhi: In a major relief for DLF, the Securities Appellate Tribunal quashed a Sebi order against the realty giant that had barred the company and its six top executives from capital markets for three years. The Sebi had passed an order in October last year after finding them guilty of "active and deliberate suppression" of material information at the …

DLF ties up with Snapdeal to sell flats online | India TV News
10 years ago

DLF ties up with Snapdeal to sell flats online | India TV News

India TV News  

New Delhi: With e-commerce business growing in India, realty major DLF has tied-up with online market place Snapdeal to sell its apartments and would offer 1 per cent discount to potential home buyers. DLF will offer on Snapdeal about 50 flats in eight housing projects across the country in a price range of Rs 34 lakh to Rs 3 crore. …

DLF to sell properties worth Rs 15,000-cr in various projects- India TV News
10 years ago

DLF to sell properties worth Rs 15,000-cr in various projects- India TV News

India TV News  

New Delhi: Realty firm DLF is looking to monetise properties worth about Rs 15,000 crore to boost its cash flow and reduce debt, a senior company official said. Stating that sales have been "low" since last year, Tyagi said bookings would comfortably cross Rs 3,000 crore in this fiscal, lower than Rs 4,070 crore in the 2013-14 financial year. With …

SAT adjourns DLF case hearing to 12 January
10 years, 3 months ago

SAT adjourns DLF case hearing to 12 January

Live Mint  

Mumbai: The Securities Appellate Tribunal on Wednesday adjourned the hearing of an appeal filed by DLF Ltd against an order of the Securities and Exchange Board of India barring the developer and some key executives from the securities market for three years. Earlier on 6 November, SAT allowed DLF to redeem ₹ 1,806 crore in mutual fund holdings in order …

Tribunal asks DLF to specify fund-requirement plan
10 years, 4 months ago

Tribunal asks DLF to specify fund-requirement plan

India TV News  

New Delhi: The Securities Appellate Tribunal Thursday asked realty major DLF to file an affidavit by Nov 3 and specify the purpose for which it wants to use the money it has invested in mutual funds. Earlier this month, SEBI banned DLF and six of its executives from the capital markets for three years on charges of misleading investors. "DLF …

Sebi banning DLF from markets isn't wrong, even though it may hit home buyers
10 years, 5 months ago

Sebi banning DLF from markets isn't wrong, even though it may hit home buyers

Firstpost  

The fallout of market regulator Sebi barring DLF from capital markets for three years has been extensive already. As Firstbiz columnist Vivek Kaul pointed out in his piece, the problem lay in the fact that DLF was deep in debt and the Sebi ban will only ensure that they can’t pare it down any time soon by accessing the markets. …

SEBI bars DLF from entering Securities Market
10 years, 5 months ago

SEBI bars DLF from entering Securities Market

Live Law  

Realty major DLF and six senior executives are barred from entering the securities market and from buying or selling securities for three years after finding that the company didn’t adequately disclose information to investors before its 2007 initial public offering.In a 43-page order published on Monday, SEBI said DLF, its billionaire founder and chairman Kushal Pal Singh and five. Realty …

DLF saga: India's most indebted property firm faces tough choices after Sebi ban
10 years, 5 months ago

DLF saga: India's most indebted property firm faces tough choices after Sebi ban

Firstpost  

The Securities and Exchange Board of India ruling on Monday will cut off DLF’s access to the Mumbai stock market, Asia’s best-performing bourse this year. New Delhi/Mumbai: DLF Ltd will be forced to sell assets, even unfinished projects, to meet debt obligations, say bankers, after India’s biggest property firm was banned from the capital markets for three years - the …

DLF shares sink 28% on Sebi's ban; market cap falls by Rs 7,439 cr
10 years, 5 months ago

DLF shares sink 28% on Sebi's ban; market cap falls by Rs 7,439 cr

Firstpost  

DLF was the worst performer among the 50-bluechip Nifty scrips. Mumbai: Shares of realty giant DLF today fell sharply by over 28 per cent, wiping-out Rs 7,439 crore from its market valuation, after Sebi imposed a three-year ban on the company and its top executives from securities markets. After falling 29.99 per cent to Rs 102.70 – its lifetime low …

DLF hit by slowing home sales, net profit declines 29%
10 years, 7 months ago

DLF hit by slowing home sales, net profit declines 29%

Firstpost  

Founded by billionaire KP Singh, DLF, which is valued by the market at $5.9 billion, has been selling non-core assets to reduce its net debt, which was $3.15 billion as of end-June. DLF Ltd, India’s top real estate developer, reported a 29 percent fall in quarterly net profit, hit by slowing home sales in Asia’s third-largest economy as high inflation …

Forget new launches, even existing flats will take more than 2 yrs to sell
11 years, 6 months ago

Forget new launches, even existing flats will take more than 2 yrs to sell

Firstpost  

With rising interest rates, slowing sales, a crippling liquidity crunch and exit of black money from the real estate prior to elections, India’s top developers are in for a tough ride as they might be forced to generate liquidity, especially in Delhi-NCR and the Mumbai Metropolitan Region. Inventories at all-time high Not only are real estate inventories in the residential …

DLF cuts debt by 6 per cent
11 years, 7 months ago

DLF cuts debt by 6 per cent

The Hindu  

DLF, on Tuesday, said it planned to bring down its net debt to Rs.17,500 crore by the end of this fiscal despite the $300 million deal to sell Aman resorts chain not going through. The company had brought down its debt by over 6 per cent during quarter ended June 30, 2013, to Rs.20,369 crore boosted by sales and funds …

No suitor for Aman Resorts yet: DLF's debt-reduction plan in trouble?
11 years, 8 months ago

No suitor for Aman Resorts yet: DLF's debt-reduction plan in trouble?

Firstpost  

Now, a slowing economy and tighter liquidity situation are likely to pull down the price of the property, putting a question mark over the Indian company’s ability to meet its debt reduction target. Last week, India’s largest realtor DLF walked out of an exclusivepact to negotiate sale of its luxury hotel chain Aman Resorts with Indonesian hotelier Adrian Zecha. The …

DLF board to meet tomorrow to consider share sale
12 years ago

DLF board to meet tomorrow to consider share sale

The Hindu  

Realty major DLF’s board of directors will meet on Tuesday to consider issues of over eight crore fresh equity shares, worth more than Rs. According to sources, DLF is likely to offer over 8 crore of shares, worth more than Rs 2,000 crore at current market price, through institutional placement programme route. In the current quarter, DLF sold wind turbine …

DLF completes sale of Aman Resorts
12 years, 3 months ago

DLF completes sale of Aman Resorts

The Hindu  

DLF on Wednesday announced sale of its luxury hospitality chain Amanresorts to its founder Adrian Zecha for $300 million. Definitive agreement DLF’s arm DLF Global Hospitality Ltd and Adrian Zecha, the founder and chairman of the Amanresorts Group of luxury resorts, have signed a definitive agreement to effect Zecha’s management buy-out of DGHL’s 100 per cent share holding in Silverlink …

DLF inks pact to sell Amanresorts for over Rs 1,600 crore
12 years, 3 months ago

DLF inks pact to sell Amanresorts for over Rs 1,600 crore

India TV News  

New Delhi, Dec 19: Realty major DLF today said it has signed an agreement to sell luxury hotel chain Amanresorts to the hospitality property's founder and chairman Adrian Zecha for about $300 million. "DLF Global Hospitality Ltd, 100% step-down subsidiary of DLF, and Adrian Zecha, the founder and chairman of the Amanresorts Group of luxury resorts, are pleased to announce …

DLF likely to pare stake via follow-on-public offer by June
12 years, 3 months ago

DLF likely to pare stake via follow-on-public offer by June

India TV News  

New Delhi, Dec 7: Realty major DLF on Friday said it is likely to bring a follow-on public offer before June to dilute promoters' stake to 75 per cent as per market regulator Sebi's guidelines. Most likely it will be a FPO, unless foreign and domestic institutional investors bid competitively for our shares," DLF Group Executive Director Rajeev Talwar told …

Surprise! DLF a winner on Mumbai land sale buzz
12 years, 8 months ago

Surprise! DLF a winner on Mumbai land sale buzz

Firstpost  

Shares of DLF, the country’s largest listed real estate firm, rose 1.2 percent to Rs 197 after a report the company was about sell a plot in Mumbai to Lodha group and a private equity company for Rs 2,800 crore. The sale of 17.5 acre will help the company cut its debt that stood at Rs 22,725 crore as of …

Chart: In realty, DLF is a sell but Oberoi Realty a buy
12 years, 8 months ago

Chart: In realty, DLF is a sell but Oberoi Realty a buy

Firstpost  

While Oberoi Realty is llikelly to gain from new development rules in Maharashtra, DLF’s asset sale targets have not given much confidence on debt reduction. Research firm Nirmal Bang and foreign brokerage CLSA are bullish on Oberoi Realty on hopes that new development rules will facilitate simpler approval processes for new launches and improve volumes for Oberoi, but are bearish …

Finally! DLF gets a buyer for Aman Resorts
12 years, 10 months ago

Finally! DLF gets a buyer for Aman Resorts

Firstpost  

DLF is ready to encash its key hotel asset as it looks to retire rising debt. The country’s largest real estate player, DLF, is ready to encash its key hotel asset as it looks to retire rising debt. DLF has debt of about $4.2 billion and has been trying to reduce this burden by selling its non-core assets, including the …

DLF in trouble yet again, Sebi to probe its Rs 10,000 cr IPO
13 years, 5 months ago

DLF in trouble yet again, Sebi to probe its Rs 10,000 cr IPO

Firstpost  

KK Sinha, a day after DLF’s mega Rs 10,000 crore IPO had closed, filed an FIR in the capital saying he had been duped of Rs 34 crore. Market regulator SEBI on Thursday ordered an investigation into disclosure violations during its mega initial public offer after a Delhi-based businessman alleged that he was duped of Rs 34 crore by DLF …

DLF sets IPO price band at Rs 500-550
17 years, 10 months ago

DLF sets IPO price band at Rs 500-550

Hindustan Times  

The severe correction on the realty counters in the recent past has affected the pricing of the DLF Universal initial public offering. India's largest real estate company has set the price band for its proposed IPO between Rs 500 and Rs 550, against expectations of Rs 600. HT Image At the upper end of the new price band, the company's …

Discover Related