DLF to be listed on July 5th @ aprox 600+ and will move up to 700+ by 10th july.....as many QIB and FIIs have to make lot of profits selling at least their 50% allotted holding.......the avg cost of acquiring one share of DLF in IPO is aprox 730 as most have blocked LARGE funds in DLF for 1 month
The calculation is as follows:
550 (Higher band) issue price of DLF + 020 interest @ 36% for 30 days on 550 + 060 interest @ 36% for 90 days on un-allotted stock (Fund lock-in period of 3 mths) + 100 cost of managing these funds and 2n’dary market lost profits for the FIIs & QIBs
AND NOTE THE Rs 730 PRICE IS JUST THE BREAKEVEN PRICE OF QIBs AND FIIs SO IT COULD BE TRADING HIGHER WITHIN FEW WEEKS (JUST A GUESS)
So Unitech could be looked as an alternative by many FIIs & QIBs who missed out DLF
I bought 180 DLF shares on part payment. and rightnow i am in US. Can anyone tell me, what is the procedure to pay the balance amount. Is it possible to pay thru online ?? I have ICICI Demat linked with my savings account. If DLF suggest me to pay in any of the bank, then it is impossible for me to pay the same in person. Anybody, please throw some light on this issue. Thanks in Advance,
I applied for 180 share through ICICI Direct. I made part payment and I got 180 shares allotted to me. I am not sure now how to pay the balance amount. Does anyone have any idea???? please suggest.
This is very very good share. One should not sell at all. One should accumulate as much as possible. It will cross the Reliance price within a year as its SEZ in Mumbai has been approved, it is going in retail, entertainment, hotel shopping mall business. All these are doing miracle now a days. at least it will list about 800 and will move up up.
DLF will bring revolution in Realty & Construction Sector. All those u have got allotment are lucky. Dont sell on listing, Instead start accumalating for 3-4 months on dips and see the fun after 1 year. ALL THE BEST.............