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DLF raises Rs 3,173 crore via QIP; to prepay debt

Updated : March 29, 2019 12:26 PM IST

DLF, the country's largest real estate firm in market value, would utilise this amount mainly to prepay debt, which stood at around Rs 7,000 crore at the end of December 2018.
On Monday, the company had launched its qualified institutional placement (QIP) issue, offering up to 17.3 crore shares to investors. The issue closed on Thursday.
DLF raises Rs 3,173 crore via QIP; to prepay debt

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