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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

BSE
Issue Price:Rs 60.00
Open:Rs 73.45
Low:Rs 70.55
High:Rs 77.80
Last Trade:Rs 72.50
Volume: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
2396. cooldave  Jun 27, 2017 7:00:10 PM IST I Like It. | Report Abuse Reply
I haven''t sold shares for HUDCO. Have read that it will perform better, but daily its valuation is decreasing. Please suggest.
avatar
2395. CA M&co.Jodhpur  Jun 26, 2017 3:19:02 PM IST I Like It. 1 | Report Abuse Reply
Hold for long time for good return
Strong fundamental company.
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2394. DGGuj  Jun 23, 2017 7:57:42 AM IST I Like It. | Report Abuse Reply
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
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2393. pramod k bhadrekhi  Jun 21, 2017 11:03:48 AM IST I Like It. | Report Abuse Reply
sir plz any suggestion of hudco, i sell or hold, and how much time
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2392. Kick  Jun 20, 2017 3:11:01 PM IST I Like It. | Report Abuse Reply
How much subscription till now????
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2391. Vicky Modi  Jun 19, 2017 12:56:16 PM IST I Like It. | Report Abuse Reply
Any view on holding off hudco for 1 year??
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2390. AWESOME  May 18, 2017 7:07:09 PM IST I Like It. | Report Abuse Reply
Hudco will open on 89, +- 5 . Don''t wish to sell your application below 89, in pre session ( 9:20 to 9:45 ) put your selling limit at 89 and just see magic your selling limit will be passed.
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2390.1. PavanM  Jun 17, 2017 1:53:27 PM IST I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Awesome :-) got to see ur post while scroling for some info.
avatar
2389. CA M&co.Jodhpur  Jun 15, 2017 11:08:21 AM IST I Like It. 3 | Report Abuse Reply
Start upmove from today..cmp 70.15
Target 74.55-78.10 in short term
avatar
2388. Septa  Jun 14, 2017 11:13:35 PM IST I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (3700+ Posts, 2700+ 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 ?
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2388.3. kabra  Jun 15, 2017 8:14:16 AM IST I Like It. | Report Abuse
sorry. replace our with your call
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2388.4. hsc  Jun 15, 2017 9:53:37 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
2387. CA M&co.Jodhpur  Jun 2, 2017 4:52:54 PM IST I Like It. 4 | Report Abuse Reply
Buying Recommendation.
Strong fundamental company.
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2387.1. Ranga  Jun 5, 2017 10:49:51 AM IST I Like It. 4 | Report Abuse
HUDCO is going to declare 10% dividend. Enjoy
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2387.2. AKH  Jun 10, 2017 11:42:42 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
dividend declared almost INR0.05 per equity share
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2386. gamble  May 26, 2017 9:23:06 AM IST I Like It. 2 | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 1000+ 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
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2386.15. Hellrazor  May 31, 2017 10:15:27 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
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2386.16. Futurze Avenue  Jun 1, 2017 10:28:42 AM IST I Like It. | Report Abuse
Sun, Glenmark & entire pharma pack is moving now...
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2385. Eagleye  May 31, 2017 6:19:08 PM IST I Like It. 9 | Report Abuse Reply
IPO Guru IPO Guru (4300+ Posts, 10000+ Likes)
CDSL IPO – Issue Information: (Tentative)

Issue Opens on: ?? June 2017
Issue Closes on: ?? June 2017
Issue Type: Book Built Issue IPO
Issue Size: 3,51,67,208 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.113 – Rs.115 per Equity Share
Market Lot: 130 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 10,45,00,000 Equity Shares
Offer for Sale of 3,51,67,208 Equity Shares @upper price band = Rs.404.42 Crores
Equity Shares outstanding after the Issue = 10,45,00,000 Equity Shares

Category-wise Break up:.
Anchor – 1,03,40,162 Shares = 118.91Crs
QIB – 68,93,442 Shares = 79.27Crs
NII – 51,70,081 Shares = 59.46Crs
RII – 1,20,63,523 Shares = 138.73Crs (Lot size: 130 = 92,796 Forms)
Employees – 7,00,000 Shares = 8.05Crs

Total Issue – 3,51,67,208 Equity Shares = 404.42Crs.

Subscription required for 1X
RII = 92,796 Forms
NII = 59.46 Crs

Interest cost @6%p.a. for 7days = 13.233paise for 1X


Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.5.52 (Page #95 of RHP)
EPS for FY15-16 >>> Rs.8.71 (Page #95 of RHP)
EPS for FY16-17 >>> Rs.8.21 (Page #95 of RHP)

RoNW for FY14-15 >>> 13.86% (Page #96 of RHP)
RoNW for FY15-16 >>> 18.99% (Page #96 of RHP)
RoNW for FY16-17 >>> 16.08% (Page #96 of RHP)

NAV as on March 31, 2017 was Rs.51.04 (Page #96 of RHP)

Peer Group (Page #96 of RHP): NONE
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2385.1. DUBEYNILESH  May 31, 2017 7:00:44 PM IST I Like It. | Report Abuse
any upcoming ipo beside cdsl
avatar
2385.2. Atpes  May 31, 2017 8:59:48 PM IST I Like It. | Report Abuse
Welcome back..

Good to see u again with ipo detail.

Lots of people awaiting for ur post..

Thank you & hope Septa Sir will be back soon.
avatar
2384. DUBEYNILESH  May 31, 2017 6:40:21 PM IST I Like It. 1 | Report Abuse Reply
respected eagle eye madem what is your view to apply for cdsl ipo yes or no please please please share your view as i am new to ipo marke,and also share your view to hold it or sell on listing date
please please reply.thanks
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2383. Jaggu  May 31, 2017 1:49:38 PM IST I Like It. | Report Abuse Reply
Next IPO ?
avatar
2382. Septa  Apr 28, 2017 7:28:59 PM IST I Like It. 36 | Report Abuse Reply
IPO Guru IPO Guru (3700+ Posts, 2700+ Likes)
I am applying this IPO fundamental good company even with tepid growth at 56 investor will get 50% return at least
avatar
2382.12. manish t  May 30, 2017 9:02:20 PM IST I Like It. | Report Abuse
septaji,
sir I did not find your comment on shri ram switch gears ltd sme ipo.
what is your view.
avatar
2382.13. Gags  May 31, 2017 1:11:51 AM IST I Like It. | Report Abuse
No post from septaji from last few days
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2381. abhinavgupta  May 30, 2017 11:31:40 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
Gamble ji i am holding ujjivan at average of 308 and bhel at average of 160 wts ur view in both ? Please get some time to reply.
avatar
2380. ChotaKhatri  May 30, 2017 5:51:42 PM IST I Like It. | Report Abuse Reply
Advanced Enzymes at 360; good to start coverage?
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2379. ShareView  May 30, 2017 2:31:52 PM IST I Like It. 2 | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 1200+ Likes)
Hudco Results out
QoQ Profit slips by 20 %
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2378. CA M&co.Jodhpur  May 29, 2017 7:48:50 PM IST I Like It. 2 | Report Abuse Reply
Hold Hudco long term in Portfolio for batter return.
avatar
2377. CPPK  May 29, 2017 7:21:53 PM IST I Like It. | Report Abuse Reply
What is the significance of P/E Ratio & EPS Ratio to choose a share for investing. Is High P/E & EPS ratio indicate that the company is good for investing. Please Suggest.
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