Indian IPO Blog: IPO in May 2017
Showing posts with label IPO in May 2017. Show all posts
Showing posts with label IPO in May 2017. Show all posts

Thursday, May 18, 2017

HUDCO IPO Basis of Allotment Ratio

May 18, 2017 0
HUDCO IPO Basis of Allotment Ratio

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%

Thursday, May 11, 2017

PSP Projects IPO Details

May 11, 2017 0
PSP Projects IPO Details

PSP Projects IPO Details

IPO opens on: May 17, 2017
IPO closes on : May 19, 2017
Price band: Rs.205 to Rs.210 per equity share
Bid lot: 70 Equity shares and in multiples thereof
Minimum application: Rs.14700

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. 

Monday, May 8, 2017

S Chand to list shares on May 9

May 08, 2017 0
S Chand to list shares on May 9

S Chand & Company IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:

BSE Code: 540497
NSE Code: SCHAND
Group: B

ISIN: INE807K01035

Offer Price: Rs. 670
Face Value: Rs.5
Listing Date: 09-May-2017, Tuesday

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 Issue size (Categorywise)

April 27, 2017 0
HUDCO IPO Issue size (Categorywise)
HUDCO IPO Issue Size:
Equity Shares outstanding prior to the Issue = 2,00,19,00,000 Equity Shares
Offer for Sale of 20,40,58,747 Equity Shares @50/- aggregating up to Rs.1020.29 Crores
Equity Shares outstanding after the Issue = 2,00,19,00,000 Equity Shares

Category-wise Break up:
Anchor – 6,00,57,000 Shares = 300.29Crs.
Net QIB – 4,00,38,000 Shares = 200.19Crs
NII – 3,00,28,500 Shares = 150.14Crs
RII – 7,00,66,500 Shares = 350.33Crs (Lot size: 300 = 233,555 Forms)
Employees – 38,68,747 Shares = 19.34Crs
Total Issue – 20,40,58,747 Equity Shares = 1020.29Crs

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)