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Rejoice for the Retail investors applying for DLF shares

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The Delhi based famed construction company M/s DLF is always in the news with one or the other sensations and as reported by the sources the IPO offering by the company has set a new record with all shares disposed on the very second day of the issue. Meantime, the market experts say that the petty investors will also enjoy big returns in the near time if the trend continues in the market.
Further it is announced that the Rs. 9625 crores public offer of the DLF will close on 14th June 2006 and the retail shares needs to be subscribed and this will surely benefit the retail investors where the company has reserved about 30%of shares for the retail investors.
It is also said by the DLF sources to the www.propertykhazana.com that the retail investors are informed to make at least the part of the total share value which is fixed at Rs. 150 per share and the rest after the allotments are done. It is to be noticed here that the retail investors making the part payment can cash out the premium once the distribution is fully done or even can walk out if fails to make the full payment.
Speaking to the www.propertykhazana.com Ganesh Shanbag, the Chief Executive Officer said that the retail investors needs to make the full payment whatever the share value is and later invest on the shares to walk out from the bid. if the revealed information is to be believed then the market experts as well the investors have come to a conclusion that the shares are to pricey.
The date of issue as well the next was not in favor of DLF and many stock brokers advised the retail and the small investors to apply for the shares on the closing day. But the company is hopeful on the other side.
Source: NIMMA BENGALURU

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