Dlf Ipo

miteshpopat · #1 5th June 2007, 12:00 PM

Is DLF IPO worth subscribing?If yes,do you reccommend to subscribe fully or half application?

sar79 · #2 5th June 2007, 09:25 PM

Apply only if u r long term investor. There is abig possibility of IPO trading below its issue price if the RBI hikes CRR. Lot of dollars are coming in for the Mega issue like DLF IPO, ICICI Holdings and HDFC Bank FPO's. RBI will be hard pressed to suck out the extra liquidity in the system to control inflation, and it has no way other than to hike CRR. And u have seen its effect on Real estate stock like Parsvnath and Sobha etc.

Again u see its is such a big issue 10710 crore, and india doesn't have ability to assimilate such large isssues. See eg of Cairn. it flopped. And once again they are making it available in partly paid form also that is 150 Rs per share. They also are wary of issue being failed.

I have listed 3 points and it is up to u to decide. U can discuss with me at 09893507007. I am Rahman from Bhopal. I will be happy to get ur point of vu.

Thanks

Disclaimer: I am going to apply bcoz I want to hold for the long term. Atleast 5 years.

alok · #3 6th June 2007, 05:07 PM

In grey market, DLF is being traded at a premium of only 35-40 Rs viz. only 7 - 8 %. With any correction in market or RBI's CRR hike there is a chance that you may get DLF shares cheaper than 550 Rs. Normally after several big issues lined up, there would be some crunch in liquidity (if issues are oversubscribed).
On the other hand, I would think of investing somewhere else so that you may gain at least 10-15% before DLF gets listed.

shashavali · #4 6th June 2007, 05:23 PM

i think DLF IPO is worth subscribing , it is indias real estate gaint with land in all major metros , it is indeed in no doubt giving u profits

SavantGarde · #5 8th June 2007, 09:33 PM

In My Opinion One Should Wait Till The Last Day & Keep A Close Eye On Oversubscription Figures...If Oversubscription Figure Of 35x+ Then One Could....Apply Without Much Problem & Keep Your Fingers Crossed That It Lists On A GOOD Day........for Those Looking For Listing Gains.

SavantGarde

santoshdts · #6 10th June 2007, 08:13 PM

Quote:

Originally Posted by sar79

Apply only if u r long term investor. There is abig possibility of IPO trading below its issue price if the RBI hikes CRR. Lot of dollars are coming in for the Mega issue like DLF IPO, ICICI Holdings and HDFC Bank FPO's. RBI will be hard pressed to suck out the extra liquidity in the system to control inflation, and it has no way other than to hike CRR. And u have seen its effect on Real estate stock like Parsvnath and Sobha etc.

Again u see its is such a big issue 10710 crore, and india doesn't have ability to assimilate such large isssues. See eg of Cairn. it flopped. And once again they are making it available in partly paid form also that is 150 Rs per share. They also are wary of issue being failed.

I have listed 3 points and it is up to u to decide. U can discuss with me at 09893507007. I am Rahman from Bhopal. I will be happy to get ur point of vu.

Thanks

Disclaimer: I am going to apply bcoz I want to hold for the long term. Atleast 5 years.

Hii. I agree on your view(Liquidity) But dont you think as lot of funding for this IPOand FPO will be in the form of FII so there will be little worry as far as liquidity is concerned but yes as DLF beeing the biggest IPO in the indian market, lot of thimking should be made B4 investing.

Your views wellcomed!

Regards,

deepakghai007 · #7 12th June 2007, 09:03 PM

Hi

I applied this IPO via HDFCSEC, but by mistake I selected the option of " RETAIL PARTLY PAID". I tried to modify or cancel that but all efforts were invain.

What is the possibilty you think regarding this option as I see I applied for 99,000 Rs and from my account 27000 Rs were taken.

Why DLF has given this option ??

ibm_gaurav · #8 13th June 2007, 12:19 AM

ya, i have heard that DLF has provided this option of partial payment.
In this method ur acct will be deducted of 27,000 only (and not 1lakh) and in case u are alloted more than 27K of stocks then u'll have to pay the balance amount later. but if u are alloted less than 27K then as usual u'll get back the balance amount.

i really dont have an idea if this has any disadvantage or not.
seniors, plz let us know ?

ibm_gaurav · #9 13th June 2007, 12:29 AM

As i thought, there has to be a catch for part payment, which is:

"PART PAYMENT @ 150 / share OPTION AVAILABLE BUT PARTLY PAID SHARES ALLOTTED WILL BE NOT TRADABLE TILL FULLY PAID"

KoolSIM · #10 14th June 2007, 09:53 PM

Quote:

Originally Posted by ibm_gaurav

As i thought, there has to be a catch for part payment, which is:

"PART PAYMENT @ 150 / share OPTION AVAILABLE BUT PARTLY PAID SHARES ALLOTTED WILL BE NOT TRADABLE TILL FULLY PAID"

Its pretty obvious why. You have to clear your dues with DLF first before you start trading their shares....