Wish I could say Good Bye right now!

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So how will the DLF IPO fare in the market ultimately? While all indicators for the real estate sector in India are buoyant, one cannot really give a satisfactory answer to this question today, considering the whipping real estate stocks have taken recently. For K. P. Singh, the first imperative is to convince the SEBI to give the go ahead. And then it’s a matter of deciding what time the IPO should be launched so that it gets the desired response. For a company that is so well positioned to exploit development opportunities in a sector that’s on the verge of taking off , performance of the IPO is of critical importance. But a further delay of the IPO only means more unnecessary delays in DLF’s plans.

And what about the billion dollar question of whether the K. P. Singh’s net worth post the IPO will make him the world’s richest man? Well, with his long cherished realty ambitions at stake, chances are high that a pre-eminent position in the Forbes list won’t even be figuring among the top three concerns in K. P. Singh’s mind as on date!

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative