The equity shares of HUDCO listed at premium of 21.6 percent over issue price of Rs.60 (Rs.58 for Retail investors)
The shares were quoted at Rs. 77.25 at 10:02 AM on NSE
The equity shares of HUDCO limited would be listed on the exchanges with effect from tomorrow, i.e. May 19, 2017
The text of BSE circular in this regard is given below:
Trading Members of the Exchange are hereby informed that effective from Friday, May 19, 2017, the Equity Shares of Housing and Urban Development Corporation Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities.
Stay tuned to Indian IPO Blog for latest updates on HUDCO Limited Listing
HUDCO IPO allotment is done although not yet updated on website. NSDL intimations to successful allottees have been initiated. Please check your SMS / get in touch with your broker for checking credit in demat account to check HUDCO IPO Allotment status
The Basis of allotment for HUDCO IPO for Retail category of investors is likely to be as under:
HUDCO IPO Basis of Allotment for Retail category:
- For investors who have bid for 200 shares, the allotment would be in the ratio of 91 allottees out of every 483 applicants. The number of shares allotted would be 200.
- For investors who have bid for more than 200 shares in Retail category, the allotment is likely to be in ratio of 13 allottees out of every 69 applicants. Number of shares allotted would be 200.
The chances of allotment under HUDCO IPO for Retail category is therefore 18.84%
The allotment status for HUDCO IPO is not yet declared but is expected to be out soon.
It is to be noted that application status is different from allotment status. There are many messages posted that allotment status is declared pointing to different websites. Please note that allotment status is declared on the registrar's website. The link for the same would be updated here as soon as available
HUDCO IPO Allotment status is likely to be updated shortly. The link is uploaded on the website of the registrar. However, data is yet getting uploaded.
Allotment data is expected to be uploaded by late hours tonight
Stay tuned to Indian IPO Blog for latest updates on HUDCO IPO Allotment Status