Monday, March 27, 2017

HUDCO IPO Dates, Price Band, Market Lot Details

Housing and Urban Development Corporation Ltd (HUDCO) is owned by Goverment of India. The promoter is President of India with more than 46 years of experience in housing loans. HUDCO offers loans for housing projects in urban and rural housing. The provide housing loan to co-operative, slum upgrade, staff, land acquisition, private sectors, repairs, renewals and more.

HUDCO IPO object is to carry out disinvestment of equity shares and listing of shares on stock exchanges to get listing benefits. Check the daily HUDCO IPO grey market rates here.
  • Apply for Listing Gain & Long Term Horizon of 1 Year and more
HUDCO IPO Dates & Price Band:
  • IPO Open: 8-May-2017
  • IPO Close: 11-May-2017
  • IPO Size: Approx Rs. 1225 Crores
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 56 to 60 Per Share
  • Listing on: BSE & NSE
HUDCO IPO Market Lot:
  • Shares: Apply for 200 Shares (Minimum Lot Size)
  • Amount: Rs. 12000
HUDCO IPO Discount:
  • Rs. 2 Discount to Retailers and Employees
HUDCO IPO Allotment & Listing:
  • Basis of Allotment: 17-May-2017
  • Refunds: 18-May-2017
  • Credit to demat accounts: 18-May-2017
  • Listing: 19-May-2017
HUDCO Financial:
As the financial looks strong for Hudco. The things are looking better for investors as the price is been good as well. The PAT is been stable and increased YOY while Assets and Revenues are also looking attractive for an investment.

ParticularsFor the year/period ended (in Rs. Crore)

Dec-16 Mar-16 Mar-15 Mar-14 Mar-13 Mar-12
Total Assets 36,097.54 35,881.58 33,113.74 30,224.40 26,948.94 27,495.17
Total Revenue 2,677.99 3,350.08 3,427.85 3,002.88 2,921.34 2,778.64
Profit After Tax (PAT) 496.29 810.61 768.32 733.97 699.69 621.57

Company Promoters:
President of India

Quick Links:
DRHP Draft Prospectus

HUDCO IPO Registrar:
Alankit Assignments Ltd
Alankit House 2E/21,
Jhandewalan Extension,
New Delhi - 110055
Phone: (011) 4254 1234
Fax: (011) 4254 1967

HUDCO IPO Lead Managers:
ICICI Securities Limited
IDBI Capital Market Services Limited
Nomura Financial Advisory And Securities (India) Pvt Ltd
SBI Capital Markets Limited

Company Address:
HUDCO Bhawan,
India Habitat Centre, Lodhi Road,
New Delhi 110 003
Phone: +91 11 2464 9610 - 27
Fax: +91 11 2464 8427

Open FREE Demat Account