DLF Limited IPO Message Board (Page 27)

Hey All,
When there is a discount in a store then you should rush there but when a Stock is going to be listed on DISCOUNT then you should avoid that like DLF.

heard that DLF is going to list on 5th July...any news you guys have on the same???

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dlf will cross 625 on listing

Im a retail investor for DLF and can I know when I have to pay the remaining amount as I had selected partial payment option through ICICI Direct. After paying, how may days it will take for me to exercise my shares. And as am not in a hurry to sell, should I hold this?

plz tell me allotment date dlf ipo.

Hi Andy: DLF listing date is 5th July...

Can anybody tell the listing date of DLF

hi trinadh.dlf to list at 605 and will go higher after that

can anybody tell on which price band it will list

yes it will have great positive for dlf as most of its SEZ are approved now. Also they set ipo price at 525 instead of 550 .dlf will have spectacular listing.it will open around 605 and after that big investors ,f1 will pull this stock up and up.
there is all positive news for dlf since its ipo .
alll thos people who applied in icicibank and dlf ipo be ready with great scope in ur investment one is leader in real estate and other in bank .Both these stocks ill keep adding value to ur wealth. so cheers and happy investing in these stocks.

please let me know when can we know the DLF IPO allotment status and when it is expected to come for listing.

Thanks

Kishore

Dear All: Can anyone suggest if there will be any positive effect of SEZ approval on the DLF listing price? I wish it does...

DLF got govt. nod for big SEZ development...Enjoy!!!

it seems Manish definitely missed the issue thinking of oversubscription. he himself have posted message that icici recommended noy to apply in orbit and still it went so up.with dlf which have registered 500% growth commanding P/e o 157 is nothing.wait for listing and u will know who will have the last laugh.when it will list everybody will be singing songs of dlf mark my words.if ur belief is about valuation calculate the amount of premium unitech is commanding even though unitech is nothing in front of dlf.

But MindTree was over subscribed by 30 times only in Retail, which is not the case here... With MindTree the demand was humungous so it went so high...

Guys

No one expected MindTree will reach 900+ in no time after listing. The same might get replicated, since there's huge interest in QIB & FII side. Lets see.

jinishans

The face value of the share is only Rs. 2
So are you guys ready to pay a premium of 26150%, for a stock that has not yet been listed???

Source for following Information (ICICIDirect.com and CapitalMarket.com)


Gremach Infrastructure Equipments & Projects Ltd.
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Financials :
The company’s total income for the financial year ended March 31, 2006 was Rs 75.8 crore Profit after tax has increased from Rs 1.86 crore in FY05 to Rs 4 crore in FY06.

Valuations:
At the price band of Rs 75-90, the stock trades at a P/E multiple of 15.3x and 16.09x of FY07 annualised earnings. We expect the company to show consistency in earning growth on the back of strong infrastructure spending



Orbit Corporation Ltd.
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Financials:
The company had completed one project, Shivam, in FY05 and revenue of Rs 19.18 crore was accounted. In FY06, company had one project, Orbit Arya, under progress. The inventory of Rs 4.31 crore refers to the cost of the work completed on this project until the date of the balance sheet. The company expects to complete the project in FY08, when company can book the revenue arising from this project. In FY06, sales comprised only of the unsold inventory in Shivam. Sales recorded a decline of 96% from Rs 19.18 crore FY05 to Rs 0.71 crore in FY06. Profit after tax has decreased by 98% from Rs 4.07 crore in FY05 to Rs 92 lakh in FY06.

Valuations:
At the offer price of Rs 108-117, the P/E works out to be 22.9x and 24.8x at its lower end and upper pricing back on its FY07 annualized while its competitor Ansal housing is coating at P/E of 12x multiples. We advise investor don’t subscribe to the issue.

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DLF Ltd
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Financials:
DLF posted strong numbers in FY07 when compared FY06. It registered revenues of Rs 4,034 crore in FY07 against Rs 1,246 crore in FY06. Net profit increased more than 10 times to Rs 1,941.3 crore.

Valuations:
EPS (excluding EO) on post-issue equity capital of Rs 340.88 crore works out Rs 3.3. On a lower price band of Rs 500, P/E stands at 152 times, and on the upper price band of Rs 550 P/E is 167 times.



PS- One should look at both, the financials and the Valuation of a stock before Investing in an IPO. The valuation is more importanat as the short term investors are more inclined towards that. For long term, Financials have better weightage.
DLF does have a realy good Fianncials but there valuation is way too high for short term investment to medium term. Here by short term I mean 6 months-1year. If you want to get invested in this one, better invest when the price stablises.
The whole point of investing in a IPO is to get benifit frm the valuation before it hits the market. Here the benifit is lost as the Valuation is too high.

I also kno, compating these three companies wouldnt be like comapring apples and oranges as most of the money and profits that flow in DLF is because of the Land bank they hold but still there should be a criterion. P\P of 150 is definitely not what i can shell out for any stock for that matter.

I never doubt about the ability of DLF, but bot at 525 per share. It's a great buy @ Rs 300-350, and take my words, in a months time it would reach that.

even advanta was undersubscribed only 20% both in retail as well as non retail so manish can you explain why it went so up.same with orbit corporation and gremach. which are now almost 2 or 3 times now.wait till the stock list and u bet it will be up 75 rs on listing and after that it will keep moving up slowly.forget about getting below 590 on listing .look at the way unitech ,parsvnath and hcc u know why they are going up all because of dlf. dlf is the best real estate stock available.

I do agree that DLF is over priced but still it is one of the good share. Say if DLf was priced at 450Rs the issue might have been oversubscribed and the listing price would have been more than 600Rs.. Now.. still the DLF brand value is same and may list at above 580Rs..