RSS FeedDLF IPO Put Off Again; To Resubmit Draft Prospectus With SEBI
Thu, 08/31/2006 - 19:25 — Sahad P VDLF gROUP has postponed its much-awaited IPO again. This time the Delhi real estate giant has even withdrawn the draft prospectus from the regulator SEBI. It will resubmit the document again in another month and half. This means DLF is in real soup and the IPO managers or company management did not foresee the shareholder revolt.
"The withdrawal is just for the revision of DHRP. It will be updated with the latest information and an audited report. It is very important to put up the latest information in the interest of the investors," said Saurabh Chawla, Director Finance, DLF.
Market analsyst expect "a 25-30 per cent downward revision in valuation". [Via NDTV.com]
Hello I always read your
, August 31, 2006Hello
I always read your articles with interest and as one of the affected minority share holders of dlf, I keep an eye on www.vccircle.com
Thanks for giving the latest news about postponing and hopefully something good to minority shareholders be done before they come back to market.
From economic times news coverage I read that some special share quota is being fixed for defrauded minority share holders but the important point is at what price?
Is it @ Rs.2 per share or the normal offer price of 400/500....
Minority share holders cant be fooled again, they should get their rightful dues
.
Who is taking care for them?
What exactly is happening?
What are the possible outcomes?
Can you please spare some time to find out and explain the details for the benefit of defrauded minority share holders of DLF.
Thanks
love4looned@hotmail.com