With some investors and agencies claiming that the reports mentioning the turnover of DLF Group were misleading, DLF IPO release was delayed. However, with the recent Real Estate Market News, confirming the announcement of DLF IPO Prospectus, SEBI- Securities and Exchange Board of India has approved the DLF IPO and hence the DLF Group has filed for its Red Herring Prospectus with the ROC to initiate its IPO-Initial Public Offer with the DLF Share Price i.e. the DLF Equity Share Price of Rs 2/- each.The market response to DLF IPO News and DLF IPO 2007 made many things clear.Unquestionably, the vast number of interested investors and the influx of Foreign Direct Investment in the ventures of DLF Group, especially into DLF Hotels and DLF Malls areas have made DLF IPO very sought after. However, DLF IPO SEBI regulations have been strict to restrict the Foreign Investment and to direct it into DLF Projects in India, according to the FDI Norms in India.
For details on DLF IPO contact:
DLF can be contacted on the following website: DLF Centre Sansad Marg, New Delhi- 110001 Phone:91-11-42102030 Website:http://www.dlf.in/wps/portal
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