DLF ended at Rs 570.05, a premium of 8.58% over the IPO price of Rs 525.

The scrip had debuted at Rs 582. Thereafter it touched a high of Rs 714.25 and a low of Rs 505.60.

On BSE, 3.42 crore shares were traded in the counter. Around 7.80 crore shares changed hands on NSE.

At the current price of Rs 570.05, the scrip trades at PE multiple of 172.74 based on year ended March 2007 (consolidated) EPS of Rs 3.30.

The price band for the IPO was Rs 500 to Rs 550. Each share has a face value of Rs 2.

The IPO was subscribed 3.47 times. The IPO received total bids for 60.70 crore shares compared to issue size of 17.50 crore shares.

At Rs 525 per share, the IPO was priced 159 times its year ended March 2007 EPS of Rs 3.30.

Post-issue promoter holding in the company is 88.24%. The post-issue FII holding is 5.92%.

The DLF group is one of the leading real estate developers in India. It has been focused on the National Capital Region: Delhi and adjacent areas like Gurgaon. The group has developed over 220 million square feet (msf) of saleable area across segments like residential (apartments, row houses and plots), commercial building and retail properties.

It is one of the first developers to anticipate the need for townships on the outskirts of the fast growing cities and is generally credited with the growth of Gurgaon through the development of an integrated township spread over 3,000 acres.

DLF's consolidated profit before extra-ordinary items and tax stood at Rs 732.40 crore on revenue of Rs 1734.70 crore in the year ended 31 March 2007.