(Bloomberg) -- Shares of DLF Ltd., the Indian
property developer that raised $2.3 billion last month, may rise
on demand from investors who missed out on the country's biggest
initial stock sale.
The company controlled by billionaire Kushal Pal Singh may
debut today at 555 rupees ($13.72), 30 rupees higher than its IPO
price, according to the median estimate from five analysts and
investors surveyed by Bloomberg. The New Delhi-based developer
received orders for more than three times the shares offered.
Read more at Bloomberg Emerging Markets News
property developer that raised $2.3 billion last month, may rise
on demand from investors who missed out on the country's biggest
initial stock sale.
The company controlled by billionaire Kushal Pal Singh may
debut today at 555 rupees ($13.72), 30 rupees higher than its IPO
price, according to the median estimate from five analysts and
investors surveyed by Bloomberg. The New Delhi-based developer
received orders for more than three times the shares offered.
Read more at Bloomberg Emerging Markets News
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