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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

HUDCO IPO Reviews:

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

HUDCO IPO Prospectus

HUDCO IPO Rating

1937
4.1
Rating:Rated 4.1 stars

Vote Here ...

HUDCO IPO News Alerts

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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

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454. VBansalcool  Apr 30, 2017 3:50:26 PM IST I Like It. 2 | Report Abuse Reply
HUDCO 1100-1200
GMP=27-27.50
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453. Pratik D Modi  Apr 30, 2017 2:33:40 PM IST I Like It. | Report Abuse Reply
When will listing ?
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452. kunjan shah  Apr 30, 2017 2:07:18 PM IST I Like It. | Report Abuse Reply
I buy their application at 925 Now...
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451. Eagleye  Apr 27, 2017 9:01:39 PM IST I Like It. 17 | Report Abuse Reply
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
HUDCO IPO
GMP 20.75 – 21.25
Kostak 900 – 950
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451.5. SYMBOL  Apr 29, 2017 1:59:06 PM IST I Like It. | Report Abuse
About s chand fresh gmp and kostak
Please rply
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451.6. kunjan shah  Apr 30, 2017 2:05:50 PM IST I Like It. 1 | Report Abuse
I will buy the application at 925
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450. Viraj.  Apr 30, 2017 12:27:56 PM IST I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Hudco IPO

Apply in full forse

Good stock to short & long term..
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449. Royal Bengal Tiger  Apr 30, 2017 11:34:49 AM IST I Like It. 1 | Report Abuse Reply
HUDCO is currently in very old IT infrastructure. HUDCO has cancelled 3 times their ERP RFP in the past 8 years. Financial reporting can get affected after their ERP implementation and when the true picture of financial reporting made to public.
In short term they can enjoy premium of the price they are offering to public but in the long term if they don''t improve their IT infrastructure and reporting I see a big risk.
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448. Vajra  Apr 29, 2017 9:53:17 PM IST I Like It. | Report Abuse Reply
based on GMPs and general perception, retailers can apply 1 lot (1 Lottery Ticket) per applicant.....
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447. Ghatak  Apr 29, 2017 9:28:39 PM IST I Like It. | Report Abuse Reply
Hudco

GMP 26-27
APLICATIN 1100-1150
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446. bhola shanker  Apr 29, 2017 9:09:18 PM IST I Like It. 1 | Report Abuse Reply
Can anyone please help me to calculate the fair share price of HUDCO? It has been placed at 56-60 band but based on its financial parameters is it possible to check its fair value? (I''m new to Stock market)
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445. Jaymin bhatt  Apr 29, 2017 8:43:58 PM IST I Like It. | Report Abuse Reply
Hudco 25.50 /26.50

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444. J S Shah  Apr 29, 2017 6:21:06 PM IST I Like It. | Report Abuse Reply
How to calculate premium ? Is it to be counted from 58 or 60 ?
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443. Money Badger  Apr 29, 2017 4:56:30 PM IST I Like It. 1 | Report Abuse Reply
Govt IPOs have very high success rate and these issues are usually priced relatively cheap. HUDCO is available at 5% discount to retail investors which is an additional positive. I see a relatively less risk bet which can give 30-40% easily in few months (with all the optimism existing in the market)... So I advocate strong subscription for this one...
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442. Deepak G. Agarwal  Apr 29, 2017 4:32:57 PM IST I Like It. 2 | Report Abuse Reply
However one must remember that this company is politically connected. It was well known in business and political circles that it was a front for Sharad Pawar.

Later sadly BJP'' Nitin Gadkari also became part of it. The RTI activist who first filled for the report was mercilesslouly murdered.

But as this is India, nothing happened to Pawar or Gadkari. All this is not made up by me, the Prospectus discusses all this in minute details.

Jai ho India.
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441. SYMBOL  Apr 29, 2017 1:56:23 PM IST I Like It. | Report Abuse Reply
Thanks
Egaleye ji
And septa ji
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440. Septa  Apr 28, 2017 7:28:59 PM IST I Like It. 15 | Report Abuse Reply
IPO Guru IPO Guru (3500+ Posts, 1900+ Likes)
I am applying this IPO fundamental good company even with tepid growth at 56 investor will get 50% return at least
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440.3. gupa  Apr 29, 2017 11:56:33 AM IST I Like It. | Report Abuse
wow u not find it as expensive as u find in all ipo ?
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440.4. dpcdsl  Apr 29, 2017 1:19:41 PM IST I Like It. | Report Abuse
I think allotment price shall be 58/- for retail and not 56/-.
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439. gupa  Apr 28, 2017 7:18:22 PM IST I Like It. | Report Abuse Reply
i will apply with full force hudco ipo
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439.2. gupa  Apr 29, 2017 9:16:54 AM IST I Like It. 1 | Report Abuse
THIS TIME HUDCO WILL LIST AT 75 ONLY AND I WILL APPLY FOR LISTING GAIN
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439.3. AKH  Apr 29, 2017 11:31:02 AM IST I Like It. 4 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Have you ever applied for listing loss
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438. Manoj budhwani  Apr 28, 2017 5:45:07 PM IST I Like It. 5 | Report Abuse Reply
Hi Septa.. I know its bit off topic but I really want to thank you for stating your new investment in Federal bank around 2-3 months back. I purchase Federal bank shared at 75/- and today it jumped to 107/-. Thank you for your insight. Really really appreciate. Keep posting.
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438.7. lake city  Apr 29, 2017 11:16:27 AM IST I Like It. | Report Abuse
septa sir south Indian bank touch new 52week high on Friday what is your view on this for longer term
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438.8. P Patel  Apr 29, 2017 11:27:23 AM IST I Like It. | Report Abuse
Again.. Go for Engineers India.. fundamentally​ best for mid term investment.
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437. Dot  Apr 29, 2017 9:57:24 AM IST I Like It. 3 | Report Abuse Reply
hudco
premium: 25.75-26.25
kostak-1050

s chand
premium : 120-123
subject to : 2420
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436. vickyudr  Apr 29, 2017 8:48:52 AM IST I Like It. | Report Abuse Reply
Sorry for posting the off the topic...
I want to open a demat and trading account
Which broker is best in terms of charges and relaibility and other things...
I checked in this site but there are so many brokers so I am confused now...
Yahan toh itne naam hai jinke baare mein maine suna tak nahi....
Guys please help
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436.3. Karan  Apr 29, 2017 9:15:50 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
SAS online is also good option
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436.4. DBS  Apr 29, 2017 9:39:38 AM IST I Like It. | Report Abuse
You can go for India Infoline. You must see that you get the service of a relationship manager attach to your account. Do online trading and contact your relationship manager in case of help.
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435. VikBan  Apr 29, 2017 12:28:34 AM IST I Like It. | Report Abuse Reply
Registrar is other than linkintime and karvy . it may be the basis of allotment is different . whether we can apply for multiple lot from 1 dmat a/c ???
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435.1. Devendrablt  Apr 29, 2017 6:26:09 AM IST I Like It. | Report Abuse
No sir

This is sebi rules not of any ragistrtar

That 1
pan number holder can apply 1 application
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