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Housing and Urban Development Corporation Ltd IPO (HUDCO IPO) Detail

May 8, 2017 - May 11, 2017

Incorporated in 1970, 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. They 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.

HUDCO offers loans for housing projects, such as urban and rural housing, co-operative housing, community toilets, slum upgradation, staff housing, repairs and renewals, private sector projects, land acquisition, and housing programs. They also offers take out finance for housing and infrastructure projects to state government, public agencies, and private corporate sector agencies.

Company provide loans for implementing agencies comprising state government bodies, co-operative societies, corporate employers, and community sectors; and building technology and rent to own schemes. It also provides finance for infrastructure projects in the sectors of water supply, sewerage, drainage, solid waste management, roads and transport, and electricity in the urban areas; and social infrastructure component, such as play/primary schools, working women hostels, health centers, play grounds, police stations, courts, jails, crematorium, etc. In addition, the company offers consultancy services, including URP services, environmental engineering, and government programs consultancy services; and disaster mitigation services. Further it provides home loans for individual.

Company Promoters:

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

Company Financials:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
31-Dec-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 360,975.4 358,815.8 331,137.4 302,244.0 269,489.4 274,951.7
Total Revenue 26,779.9 33,500.8 34,278.5 30,028.8 29,213.4 27,786.4
Profit After Tax (PAT) 4,962.9 8,106.1 7,683.2 7,339.7 6,996.9 6,215.7

Objects of the Issue:

The object of the issue are to:

1. Carry out the disinvestment of 200,190,000 Equity Shares by the Selling Shareholder constituting 10% of the Company’s pre-Offer paid up Equity Share capital Company; and
2. To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Issue Detail:

  »»  Issue Open: May 8, 2017 - May 11, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 204,058,747 Equity Shares of Rs 10 aggregating up to Rs 1,224.35 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 56 - Rs 60 Per Equity Share
  »»  Market Lot: 200 Shares
  »»  Minimum Order Quantity: 200 Shares
  »»  Listing At: BSE, NSE

Discount of Rs 2.00 is available for Retail investors and employees of the Company.

HUDCO IPO Reviews:

  1. Housing and Urban Development Corporation Ltd IPO review by Dilip Davda

HUDCO IPO Recommendations:

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Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIIEmployeeTotal
Shares Offered / Reserved100,095,00030,028,50070,066,5003,868,747204,058,747
Day 1 - May 8, 2017 17:00 IST0.18000.16001.52000.01000.6300
Day 2 - May 9, 2017 17:00 IST2.96000.94004.12000.21003.0100
Day 3 - May 11, 2017 17:00 IST55.4500330.360010.79000.740079.5300

HUDCO IPO Prospectus

HUDCO IPO Rating

3339
4.2
Rating:Rated 4.2 stars

Vote Here ...

HUDCO IPO Listing Date

  •   ›  Listing Date: Friday, May 19, 2017
  •   ›  BSE Script Code: 540530
  •   ›  NSE Symbol: HUDCO
  •   ›  Listing In: ‘B’ Group of Securities
  •   ›  ISIN: INE031A01017
  •   ›  Issue Price: Rs 60 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE
Rs 60.00
Rs 73.45
Rs 70.55
Rs 77.80
Rs 72.50
30,311,616
NSE
Rs 60.00
Rs 73.00
Rs 71.00
Rs 77.85
Rs 72.55
210,956,446

HUDCO IPO News Alerts

Company Contact Information

Housing and Urban Development Corporation Ltd
HUDCO Bhawan,
India Habitat Centre, Lodhi Road,
New Delhi 110 003
Phone: +91 11 2464 9610 - 27
Fax: +91 11 2464 8427
Email: cswhudco@hudco.org
Website: http://www.hudco.org

HUDCO IPO Registrar

Alankit Assignments Ltd   »  Report
   Alankit House 2E/21,
   Jhandewalan Extension,
   New Delhi - 110055

Phone: (011) 4254 1234
Fax: (011) 4254 1967
Email:
Website: http://www.alankit.com

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HUDCO IPO Review / Comments

avatar
2416. Thapan  Jul 24, 2017 8:04:22 PM IST I Like It. | Report Abuse
HUDCO reports 52% YoY rise in net profit at Rs 211 crore in Q1. Can we expect a big rally in the stock tomorrow?

Experts Please comment.

Read more at:
http://economictimes.indiatimes.com/articleshow/59739665.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
avatar
2415. chennai tamizhan  Jul 13, 2017 9:50:07 PM IST I Like It. | Report Abuse
The stocks would rally for another ten days due to commencement of hudco board meeting which plans to raise more funds for new projects and also a dalal street stalwart as reportedly bought a huge stake in it.
http://economictimes.indiatimes.com/markets/stocks/news/cdsl-hudco-au-small-bank-jump-over-10-whats-driving-newly-listed-stocks/articleshow/59576375.cms
avatar
2414. Msharma  Jul 13, 2017 7:29:36 PM IST I Like It. | Report Abuse
Most of IPO holders are exit now. . could see 120 soon.
avatar
2413. Nidhike  Jul 13, 2017 3:23:41 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Tgt 100 Hit

On way to @120/-

Cheers!!!!!😍
avatar
2412. Mitesh Kasliwal  Jul 12, 2017 1:58:31 PM IST I Like It. | Report Abuse
I am a new investor. Please suggest whether to hold or sell HUDCO.
avatar
2412.1. TSK  Jul 12, 2017 2:45:04 PM IST I Like It. | Report Abuse
I am old investor still I ma not sure whether to hold or sell :), keep a trailing stop loss (revise the stop loss upwards as the price moves up) and hold.
avatar
2412.2. KaranDoor  Jul 13, 2017 2:57:49 PM IST I Like It. | Report Abuse
Start selling in low amounts. Keep 50 percent for next bull run.
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2411. Prakash Baheti  Jul 12, 2017 2:43:02 PM IST I Like It. 1 | Report Abuse
Market blast bcoz of hudco
avatar
2410. rvr  Jul 11, 2017 12:28:05 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Firing in all cylinders
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2409. OSR  Jul 11, 2017 11:48:06 AM IST I Like It. 1 | Report Abuse
HUDCO time started now.... going up!!!
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2408. WeWake  Jul 6, 2017 12:43:04 AM IST I Like It. 1 | Report Abuse
HUDCO may fall tomorrow. Better to exit now and book profit, then re enter at dip.
No doubt it has strong fundamentals but corruption case is cooked up against its management.

Stay tuned to news related to HUDCO.

Happy Investing!!
avatar
2407. Chintan Joshi  Jul 4, 2017 12:34:48 PM IST I Like It. | Report Abuse
Hello Friends,

HDFC BANK payment hold........

Best of luck for allotment.
avatar
2406. cooldave  Jun 27, 2017 8:00:10 PM IST I Like It. | Report Abuse
I haven''t sold shares for HUDCO. Have read that it will perform better, but daily its valuation is decreasing. Please suggest.
avatar
2405. CA M&co.Jodhpur  Jun 26, 2017 4:19:02 PM IST I Like It. 1 | Report Abuse
Hold for long time for good return
Strong fundamental company.
avatar
2404. DGGuj  Jun 23, 2017 8:57:42 AM IST I Like It. | Report Abuse
Dear Septa / Eaglevye,

I have 200 HUDCO alloted, and could not sale on listing.. Seek your Advise as it is getting Down... Should I Hold or Sale at this level..Please Guide...Thanks
avatar
2403. pramod k bhadrekhi  Jun 21, 2017 12:03:48 PM IST I Like It. | Report Abuse
sir plz any suggestion of hudco, i sell or hold, and how much time
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2402. Kick  Jun 20, 2017 4:11:01 PM IST I Like It. | Report Abuse
How much subscription till now????
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2401. Vicky Modi  Jun 19, 2017 1:56:16 PM IST I Like It. | Report Abuse
Any view on holding off hudco for 1 year??
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2400. CA M&co.Jodhpur  Jun 15, 2017 12:08:21 PM IST I Like It. 3 | Report Abuse
Start upmove from today..cmp 70.15
Target 74.55-78.10 in short term
avatar
2399. Septa  Jun 15, 2017 12:13:35 AM IST I Like It. | Report Abuse
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
i was just going through some MF news letter HUDCO 10000 crs changed hands when the issue was only 1000 cr is it typo or something else ?

Thank you,

Septa

Click here to follow my secondary market messages.

avatar
2399.3. kabra  Jun 15, 2017 9:14:16 AM IST I Like It. | Report Abuse
sorry. replace our with your call
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2399.4. hsc  Jun 15, 2017 10:53:37 AM IST I Like It. | Report Abuse
Septa sir ,

Please guide me on Advenzymes. My average price is Rs.400 should I buy more to lower my price . I just want to know your views which one is helpful to me.
thanks
with regards
hsc
avatar
2398. CA M&co.Jodhpur  Jun 2, 2017 5:52:54 PM IST I Like It. 4 | Report Abuse
Buying Recommendation.
Strong fundamental company.
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2398.1. Ranga  Jun 5, 2017 11:49:51 AM IST I Like It. 4 | Report Abuse
HUDCO is going to declare 10% dividend. Enjoy
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2398.2. AKH  Jun 10, 2017 12:42:42 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
dividend declared almost INR0.05 per equity share
avatar
2397. gamble  May 26, 2017 10:23:06 AM IST I Like It. 2 | Report Abuse
IPO Guru IPO Guru (1600+ Posts, 3200+ Likes)
It''s just 3 days.. ..and look at return

Kiri blasting 13% after robust result

2383.5. gamble May 23, 2017 4:38:09 PM IST 4 |
IPO Guru (1100+ Posts, 900+ Likes)
Well well u can''''t get any better than this...


This 5 also keep on radar

Can look as a fresh
1) kiri industry
2) prabhat dairy
3) hindustan media


On dips
4) cholamandalam fin
avatar
2397.15. Hellrazor  May 31, 2017 11:15:27 PM IST I Like It. | Report Abuse
Kiri is very good pick. But cases with dyster is holding it back. If thy loose that case there will be some financial impact on its balance sheet
avatar
2397.16. Futurze Avenue  Jun 1, 2017 11:28:42 AM IST I Like It. | Report Abuse
Sun, Glenmark & entire pharma pack is moving now...
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