Housing Development and Infrastructure Ltd IPO (HDIL IPO) Detail

Jun 28, 2007 - Jul 3, 2007

Incorporated in 1996, Housing Development and Infrastructure Ltd (HDIL) is a a real estate development company based in Mumbai. HDIL is part of the Wadhawan Group (formerly known as the Dheeraj Group) and operates in Mumbai Metropolitan Region.

HDIL Real Estate Development business includes construction and development of residential projects, commercial and retail projects, Slum Rehabilitation and Development.

HDIL has Large Land Reserves in the Mumbai Metropolitan Region. As of December 31, 2006, they had approximately 112.4 million square feet of Land Reserves.

To expend its business by location HDIL is looking for projects in other locations, including Kochi and Hyderabad. HDIL is planning to enter into hotel projects, special economic zone developments and �mega-structure� complexes, which are large-scale mixed-use retail, commercial and residential developments.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to
1. Acquisition of land and land development rights for our Ongoing and Planned projects;
2. Construction of our Ongoing and Planned projects.

HDIL IPO Details

IPO Opening Date	Jun 28, 2007
IPO Closing Date	Jul 3, 2007
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹430 to ₹500 per equity share
Market Lot	14 Shares
Min Order Quantity	14 Shares
Listing At	BSE, NSE
Issue Size	29,700,000 Eq Shares of ₹10 (aggregating up to ₹1,485.00 Cr)

HDIL IPO Lot Size

The HDIL IPO market lot size is 14 shares. A retail-individual investor can apply for up to 28 lots (392 shares or ₹196,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	14	₹7,000
Maximum	28	392	₹196,000

HDIL IPO Subscription Status (Bidding Detail)

The HDIL IPO is subscribed 6.60x times on Jul 3, 2007 17:00. The public issue subscribed 1.59x in the retail category, 10.13x in the QIB category, and 1.78x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	6.60x

HDIL IPO Prospectus

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HDIL IPO Rating

151

3.9

Rating:

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HDIL IPO Listing Date

Listing Date	Tuesday, July 24, 2007
BSE Script Code	532873
NSE Symbol	HDIL
Listing In
ISIN	INE191I01012
IPO Price	₹500 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹500.00
₹567.50
₹473.50
₹617.50
₹558.60
15,683,876

NSE
₹500.00
₹538.60
₹535.00
₹575.95
₹559.35
28,590,806

HDIL IPO Reviews / Ratings

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Company Contact Information

Housing Development and Infrastructure Ltd
9-01, Dheeraj Arma,
Anant Kanekar Marg,
Bandra (East), Mumbai 400 051, Maharashtra, India

Phone: (91 22) 2658 3500
Email: compliance.officer@hdil.in
Website: http://www.hdil.in/

HDIL IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einwards.ris@karvy.com
Website: https://karisma.kfintech.com/

HDIL IPO Lead Manager(s)

Lead Manager Reports

HDIL IPO FAQs

What is HDIL IPO?

HDIL IPO is a main-board IPO of 29,700,000 equity shares of the face value of ₹10 aggregating up to ₹1,485.00 Crores. The issue is priced at ₹430 to ₹500 per equity share. The minimum order quantity is 14 Shares.

The IPO opens on Jun 28, 2007, and closes on Jul 3, 2007.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When HDIL IPO will open?

The HDIL IPO opens on Jun 28, 2007 and closes on Jul 3, 2007.
What is the lot size of HDIL IPO?

HDIL IPO lot size is 14 Shares and the minimum order quantity is 14 Shares.
How to apply for HDIL IPO?

You can apply in HDIL IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When HDIL IPO allotment?

The finalization of Basis of Allotment for HDIL IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the HDIL IPO allotment status.
When is HDIL IPO listing date?

The HDIL IPO listing date is on Tuesday, July 24, 2007.

HDIL IPO Message Board

Ranked Members

285. Guru |Aug 13, 2007 23:58

Hold or Sell -- HDIL/DLF/Omaxe ??

284. rajat |Aug 8, 2007 20:12

hi all..
it's just market which is playing with HDIL..
anyhow we will not be in loss..
am still holding HDIL..with DLF also...
i say...we should wait...

283. Ashish Jain |Aug 6, 2007 13:32

Ohh, HDIL is now at 496, what to do now? Can anybody explain

282. Prave |Aug 1, 2007 15:57

Market is going down like anything today only stock came to 512 .So now it will all depend on market mood,so better hold on if market will bounce back it will also,there is no problem with this stock,problem is with market,so be patient and wait for right time...if u would have purchase on higher price thaen try to average it.

281. Achu |Aug 1, 2007 13:54

Thanks Parve for the msg,
What do you suggest, should we hold??

280. Prave |Aug 1, 2007 10:21

on 30th July ,company has put the result, Profit was not much as compared to DLF.Second factor due to credit policy announced yesterday no change in interest rate, so Real estate business due to high interest rate people are not buying house so this sector is not having up trend.

279. Achu |Aug 1, 2007 09:48

Hello Friends,
Can somebody comment on why we are having so much fluctuations on this stock...
Thanks in advance

278. jp chd |Jul 28, 2007 23:05

Market will down some hundred pts on monday. Is it wise to hold HDIL ? Pl comment.

277. test |Jul 27, 2007 04:45

I have not yet received my refund for HDIL, any info as to whom to contact?

276. REKHA |Jul 26, 2007 22:58

Hi All,
I had on 7th july posted a msg numbered 65 which is reproduced here.ENJOY

7/6/2007 3:53:01 AM EST (GMT -05:00)
Hi All.
Congratulations for all applicants who dared to apply.Almost full allotment for everybody.DLF listing has been positive.HDIL is a genuine company with activities in all segments staring from slum rehab,retail/mall,commercial/office,residential and also preparing land suitable for development by other builders and selling the land off.The margin of profit is also in the same decreasing order.Max profits from slum rehab and HDIL are very strong and nor 1 in Mumbai.Unlike other real estate companies,HDIL issue proceeds are utilised for construction on their own land bank.Not to aquire land at high price.Assured profits from constructing on our own land and selling.Irrespective of interest rate hike ripple effect on real estate pricing, Mumbai market will be the last to react.There is so much demand there from all sectors.By then with inflation easing, bank rates getting reduced is not far off.Result demand pick up in the sector too.REIT ie real estate investment trust and mutual fund schemes targeting real estate sector are not very off.And where will they invest??Definitely in big companies like DLF,Unitech,Sobha,HDIL,Godrej,Purvankara,etc.

The bottom line is hold on to your full allotment with conviction.Do not panic by small intra day swings.Your holding will certainly show very good results.Don't go for peanut listing gains.It is up to you now.Your money,your brains.
All the best.

275. Sagar |Jul 25, 2007 21:07

Best way to hold DLF is by having a permanent position in F&O. You can also sell a higher call for it and pocket the call option premium.Kotak insiders are saying DLF will be
Rs.750/- sometime during the course of this year.You can sell the delivery holding and release the money for applying in some other issue.The short term worst case for DLF would be around rs.600/-.

274. ankit |Jul 25, 2007 18:25

hello sheetal where did u vanshied look at hdil

273. Legion |Jul 25, 2007 07:28

even i did not receive the refund yet

whom should i contact for the refund

272. smart buy |Jul 24, 2007 21:51

sell hdil @ current boom & buy pstl@300 target 1000 1year

271. Kanhaiya |Jul 24, 2007 18:11

I have received the refund order by post. They are not using ECS system

270. sk |Jul 24, 2007 13:27

Guys
No return from icicidirect till date...where to contact for refund??

269. Rajat |Jul 24, 2007 12:53

yeah vishal..
u are rite..
so in this case..
probably selling now would be a foolishness...
as my perception says..we need to know first DLF/OMAXE/HDIL which one takes the lead..am thinking to hold DLF for the time being...till OMAXE comes to the market..
let us take the full listing gain of DLF..but may be a bit risky..if it comes back...(HOWEVER CHANCES ARE LESS..but it is real state)...we are never sure about it...
what u say in this ???

268. VISHAL |Jul 24, 2007 12:35

yes you r right, but same thing will happed to hdil when omaxe will going to list, nw tell me am i right?

267. Rajat |Jul 24, 2007 11:28

I feel..
due to HDIL there is a pull back in DLF...
i mean just a sharing of resources(INVESTERS IN THE MARKET FOR INTRADAY) between them...
am i rite guys..??
or some other NEWS is there in the market ??
What u say guys..

266. VISHAL |Jul 24, 2007 11:17

I SOLD JST BECAUSE I NEED MONEY FOR PERSONAL USAGE, I AM BIT UNLUCKY BUT INVERSTOR HOLD, IT WIL GO 650-700 BEFORE SEPTEMBER QUARTER RESULT, HAPPY INVESTING

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