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.
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.
| 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) |
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 |
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 |
| 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 |
|
|
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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/
KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District,Nanakramguda, Serilingampally,
Rangareddi, Telangana India - 500 032.
Phone: 1-800-3454001
Email: einwards.ris@karvy.com
Website: https://karisma.kfintech.com/
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.
The HDIL IPO opens on Jun 28, 2007 and closes on Jul 3, 2007.
HDIL IPO lot size is 14 Shares and the minimum order quantity is 14 Shares.
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.
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.
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