Indian IPO Blog: Housing and Urban Development Corporation IPO
Showing posts with label Housing and Urban Development Corporation IPO. Show all posts
Showing posts with label Housing and Urban Development Corporation IPO. Show all posts

Friday, May 19, 2017

HUDCO lists at 22 percent premium

May 19, 2017 0
HUDCO lists at 22 percent premium

Thursday, May 18, 2017

HUDCO to list tomorrow

May 18, 2017 0
HUDCO to list tomorrow

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 status expected soon

May 18, 2017 0
HUDCO IPO Allotment status expected soon

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

Wednesday, May 17, 2017

HUDCO IPO Allotment Status update

May 17, 2017 0
HUDCO IPO Allotment Status update

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

HUDCO IPO Allotment Status expected shortly

May 17, 2017 0
HUDCO IPO Allotment Status expected shortly

Thursday, May 11, 2017

HUDCO IPO Allotment and Listing Schedule (Tentative)

May 11, 2017 0
HUDCO IPO Allotment and Listing Schedule (Tentative)
HUDCO Tentative timetable in respect of the Offer:

Bid/Offer Opens On: May 08, 2017
Bid/Offer Closes On: May 11, 2017
Finalisation of Basis of Allotment: On or about May 17, 2017
Initiation of refunds: On or about May 18, 2017
Credit of Equity Shares to demat accounts: On or about May 18, 2017
Commencement of trading of the Equity Shares on the Stock Exchanges: On or about May 19, 2017 AU

HUDCO IPO oversubscribed by a massive 79 times

May 11, 2017 0
HUDCO IPO oversubscribed by a massive 79 times
HUDCO IPO which closed for subscription today on May 11, 2017, has received an overwhelming response with the issue getting oversubscribed by 79.5 times the offering

The issue was bombarded with HNI subscription on the closing day of IPO with the category getting oversubscribed by a gigantic 330.36 times

Response from Retail category was also substantial with close to 10.79 times the portion reserved. QIB portion was subscribed 55.45 times

Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India.

The equity shares were offered in a price band of Rs.56 to Rs.60 per equity share with a bid lot of 200 equity shares and in multiples thereof

HUDCO is a wholly-owned government company providing loans for housing and urban infrastructure projects in India. 

As on Dec 31, 2016, the total outstanding loans stood at Rs 36,386 crore with 30.9 per cent contribution from housing finance and 69.1 per cent from Urban Infrastructure Finance loans & project-linked bonds. The company focuses largely on loans to state governments and their agencies and plans to grow the housing finance portfolio, going ahead. 

HUDCO IPO Final Subscription status

May 11, 2017 0
HUDCO IPO Final Subscription status

HUDCO IPO Latest Subscription status update at Day 3 - 5 pm

May 11, 2017 0
HUDCO IPO Latest Subscription status update at Day 3 - 5 pm

HUDCO IPO subscription status till Day 3 - 3.40pm

May 11, 2017 0
HUDCO IPO subscription status till Day 3 - 3.40pm

Monday, May 8, 2017

HUDCO IPO Subscription status on first day

May 08, 2017 0
HUDCO IPO Subscription status on first day

HUDCO IPO opens for subscription

May 08, 2017 0
HUDCO IPO opens for subscription

The IPO of Housing Urban and Development Corporation (HUDCO) has opened for subscription and would remain open till May 11, 2017. 

Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India.

The equity shares are offered in a price band of Rs.56 to Rs.60 per equity share with a bid lot of 200 equity shares and in multiples thereof

Given below are details of HUDCO IPO:

Issue opens onMay 8, 2017
Issue closes on: May 11, 2017 
Issue Size: 204,058,747 Equity Shares of Rs.10
Face Value: Rs 10 Per Equity Share 
Price BandRs 56 to Rs 60 per equity share 
Bid Lot: 200 equity shares and in multiples thereof 
Listing At: BSE, NSE

Tuesday, May 2, 2017

HUDCO IPO Details

May 02, 2017 0
HUDCO IPO Details

Issue opens on: May 8, 2017
Issue closes on: May 11, 2017 
Issue Size: 204,058,747 Equity Shares of Rs.10
Face Value: Rs 10 Per Equity Share 
Price Band: Rs 56 to Rs 60 per equity share
Bid Lot: 200 equity shares and in multiples thereof 
Listing At: BSE, NSE

Thursday, April 27, 2017

HUDCO IPO Details (Tentative)

April 27, 2017 0
HUDCO IPO Details (Tentative)

Issue Opens on: 08 May 2017
Issue Closes on: 11 May 2017
Issue Type: Book Built Issue IPO
Issue Size: 20,40,58,747 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.56 – Rs.60 per equity share
Market Lot: 200 shares
Listing At: NSE, BSE

HUDCO IPO opens on May 8

April 27, 2017 0
HUDCO IPO opens on May 8
The IPO of Housing Urban and Development Corporation (HUDCO) would open for subscription from May 8, 2017. Earlier the likely date set for the opening of IPO was third week of April 2017 

Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India. Check back this space for latest updates on HUDCO IPO

The equity shares are likely to be offered in a price band of Rs.56 to Rs.60 per equity share with a bid lot of 200 equity shares and in multiples thereof

Wednesday, April 12, 2017

HUDCO IPO - 5 Key Facts you should know about HUDCO

April 12, 2017 0
HUDCO IPO - 5 Key Facts you should know about HUDCO
1. Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company in business of providing loans for housing and urban infrastructure since 46 years

2. The company is conferred the status of "Miniratna" by the Government

3. Company's Promoter is the President of India, acting through the Ministries

4. Company has earned a profit margin averaging to around 22 percent in last 5 years
5. Shares are likely to be offered in a price band of Rs. 48 to Rs. 50 per equity share. As compared to this, the company has managed a EPS of around Rs.3.8 in the last 3 years which translates roughly to a PE of 13x (There are no listed peers to compare the same. Hence needs to be judged individually)

HUDCO IPO may hit streets in first week of May now

April 12, 2017 0
HUDCO IPO may hit streets in first week of May now

The IPO of HUDCO Limited may get delayed according to sources to as long as first week of May 2017 now.

Earlier the likely date set for the opening of IPO was third week of April 2017 

Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India. Check back this space for latest updates on HUDCO IPO

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Saturday, April 8, 2017

HUDCO IPO - Download Draft Red Herring Prospectus (DRHP)

April 08, 2017 0
HUDCO IPO - Download Draft Red Herring Prospectus (DRHP)

Housing and Urban Development Corporation Ltd (HUDCO), a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India, is coming up with an Initial Public Offering which is expected to hit the streets soon

The IPO is likely to consist of 200,190,000 Equity Shares of Rs.10/- each. 

Click here to download HUDCO IPO - Draft Red Herring Prospectus filed with SEBI

HUDCO IPO may be delayed

April 08, 2017 0
HUDCO IPO may be delayed
The IPO of HUDCO Limited may get delayed according to sources. Earlier the likely date floating around for the opening of IPO was 17-Apr-2017

Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India. Check back this space for latest updates on HUDCO IPO

The company provides long term finance for construction of houses and to undertake housing and urban infrastructure development programs. Apart from the financing operations, Hudco offers consultancy services, promotes research and studies and help propagate use of local building materials, cost-effective and innovative construction technologies.