DLF Limited: A Comprehensive Guide
Introduction
DLF Limited, previously known as Delhi Land & Finance, is one of the largest real estate companies in India. With a plethora of offerings from residential to commercial properties, DLF has made a significant impact on the real estate landscape of India. In this blog, we will delve into various aspects of DLF Limited including its IPO details, current share price, products, and financials. We will also analyze the value of an investment of Rs 10,000 made five years ago.
DLF Limited IPO Details
DLF Limited launched its IPO on June 11, 2007. The IPO was priced at Rs 525 per share and was one of the most anticipated public offerings in the Indian real estate sector.
Current Share Price
As of the latest update in October 2023, the current share price of DLF Limited is approximately Rs 410 per share. Note that stock prices fluctuate regularly, so it’s essential to check the latest rates.
Products and Services
DLF Limited specializes in a wide range of products and services:
- Residential Properties: High-end luxury apartments, mid-income homes, and affordable housing.
- Commercial Properties: Office spaces, IT parks, and commercial complexes.
- Retail Properties: Shopping malls and retail spaces.
- Leisure & Hospitality: Hotels, resorts, and golf courses.
Company Financial Details
| Fiscal Year | Total Revenue (in Crores) | Net Profit (in Crores) |
|---|---|---|
| 2020-21 | 6,869 | 1,093 |
| 2021-22 | 7,624 | 1,501 |
| 2022-23 | 8,698 | 1,830 |
Investment Analysis
Let’s examine what would be the value of Rs 10,000 invested in DLF Limited five years ago:
- Investment Date: October 2018
- Share Price in October 2018: Rs 175 per share
Number of shares bought with Rs 10,000 in October 2018 would be: 10,000 / 175 = 57.14 shares
The value of these shares in October 2023 (at Rs 410 per share) would be: 57.14 shares * 410 = Rs 23,428.4
Therefore, an initial investment of Rs 10,000 would have grown to approximately Rs 23,428.4 in five years, indicating a remarkable return.
Conclusion
DLF Limited has shown consistent growth over the years and has cemented its position as a leading player in India’s real estate market. With a wide range of products and steady financial performance, DLF remains a solid investment choice for many.
Thank you for reading! Stay tuned for more updates and insights into the stock market and key players in the industry.