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.

HUDCO IPO Details

IPO Opening Date	May 8, 2017
IPO Closing Date	May 11, 2017
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹56 to ₹60 per equity share
Market Lot	200 Shares
Min Order Quantity	200 Shares
Listing At	BSE, NSE
Issue Size	204,058,747 Eq Shares of ₹10 (aggregating up to ₹1,224.35 Cr)
Retail Discount	? 2 per share
Employee Discount	? 2 per share

HUDCO IPO Tentative Timetable

The HUDCO IPO open date is May 8, 2017, and the close date is May 11, 2017. The issue may list on May 19, 2017.

IPO Open Date	May 8, 2017
IPO Close Date	May 11, 2017
Basis of Allotment Date	May 17, 2017
Initiation of Refunds	May 18, 2017
Credit of Shares to Demat Account	May 18, 2017
IPO Listing Date	May 19, 2017

HUDCO IPO Lot Size

The HUDCO IPO market lot size is 200 shares. A retail-individual investor can apply for up to 16 lots (3200 shares or ₹192,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	200	₹12,000
Maximum	16	3200	₹192,000

HUDCO IPO Subscription Status (Bidding Detail)

The HUDCO IPO is subscribed 79.53x times on May 11, 2017 17:00. The public issue subscribed 10.79x in the retail category, 55.45x in the QIB category, and 330.36x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	55.45x
NII	330.36x
RII	10.79x
Employee	0.74x
Total	79.53x

HUDCO IPO Prospectus

› HUDCO IPO DRHP
› HUDCO IPO RHP

HUDCO IPO Rating

3339

4.2

Rating:

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
IPO Price	₹60 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹60.00
₹73.45
₹70.55
₹77.80
₹72.50
30,311,616

NSE
₹60.00
₹73.00
₹71.00
₹77.85
₹72.55
210,956,446

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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
Email: cswhudco@hudco.org
Website: http://www.hudco.org

HUDCO IPO Registrar

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

Phone: (011) 4254 1234
Email:
Website: https://www.alankit.com/

HUDCO IPO Lead Manager(s)

Lead Manager Reports

HUDCO IPO FAQs

What is HUDCO IPO?

HUDCO IPO is a main-board IPO of 204,058,747 equity shares of the face value of ₹10 aggregating up to ₹1,224.35 Crores. The issue is priced at ₹56 to ₹60 per equity share. The minimum order quantity is 200 Shares.

The IPO opens on May 8, 2017, and closes on May 11, 2017.

Alankit Assignments Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When HUDCO IPO will open?

The HUDCO IPO opens on May 8, 2017 and closes on May 11, 2017.
What is the lot size of HUDCO IPO?

HUDCO IPO lot size is 200 Shares and the minimum order quantity is 200 Shares.
How to apply for HUDCO IPO?

You can apply in HUDCO 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 HUDCO IPO allotment?

The finalization of Basis of Allotment for HUDCO IPO will be done on May 17, 2017, and the allotted shares will be credited to your demat account by May 18, 2017. Check the HUDCO IPO allotment status.
When is HUDCO IPO listing date?

The HUDCO IPO listing date is on Friday, May 19, 2017.

HUDCO IPO Message Board

Ranked Members

2416. Thapan |Jul 24, 2017 19:04

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

2415. chennai tamizhan |Jul 13, 2017 20:50

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

2414. Msharma |Jul 13, 2017 18:29

Most of IPO holders are exit now. . could see 120 soon.

2413. Nidhike |Jul 13, 2017 14:23

Top Contributor (300+ Posts, 400+ Likes)

Tgt 100 Hit

On way to @120/-

Cheers!!!!!ðŸ˜

2412. Mitesh Kasliwal |Jul 12, 2017 12:58

I am a new investor. Please suggest whether to hold or sell HUDCO.

2412.1. TSK |Jul 12, 2017 13:45

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.

2412.2. KaranDoor |Jul 13, 2017 13:57

Start selling in low amounts. Keep 50 percent for next bull run.

2411. Prakash Baheti |Jul 12, 2017 13:43

Market blast bcoz of hudco

2410. rvr |Jul 11, 2017 11:28

Firing in all cylinders

2409. OSR |Jul 11, 2017 10:48

HUDCO time started now.... going up!!!

2408. WeWake |Jul 5, 2017 23:43

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!!

2407. Chintan Joshi |Jul 4, 2017 11:34

Hello Friends,

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

Best of luck for allotment.

2406. cooldave |Jun 27, 2017 19:00

I haven''t sold shares for HUDCO. Have read that it will perform better, but daily its valuation is decreasing. Please suggest.

2405. CA M&co.Jodhpur |Jun 26, 2017 15:19

Hold for long time for good return
Strong fundamental company.

2404. DGGuj |Jun 23, 2017 07:57

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

2403. pramod k bhadrekhi |Jun 21, 2017 11:03

sir plz any suggestion of hudco, i sell or hold, and how much time

2402. Kick |Jun 20, 2017 15:11

How much subscription till now????

2401. Vicky Modi |Jun 19, 2017 12:56

Any view on holding off hudco for 1 year??

2400. CA M&co.Jodhpur |Jun 15, 2017 11:08

Start upmove from today..cmp 70.15
Target 74.55-78.10 in short term

2399. Septa |Jun 14, 2017 23:13

IPO Guru (4000+ Posts, 4600+ 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 ?

Load more comments (2 replies)

2399.3. kabra |Jun 15, 2017 08:14

sorry. replace our with your call

2399.4. hsc |Jun 15, 2017 09:53

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

2398. CA M&co.Jodhpur |Jun 2, 2017 16:52

Buying Recommendation.
Strong fundamental company.

2398.1. Ranga |Jun 5, 2017 10:49

HUDCO is going to declare 10% dividend. Enjoy

2398.2. AKH |Jun 10, 2017 11:42

IPO Mentor (900+ Posts, 700+ Likes)

dividend declared almost INR0.05 per equity share

2397. gamble |May 26, 2017 09:23

IPO Guru (1600+ Posts, 3900+ 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

Load more comments (14 replies)

2397.1. gamble |May 26, 2017 10:08

IPO Guru (1600+ Posts, 3900+ Likes)

Today picked up ongc.
Main purpose : result play
But if not then will hold for dividend. Looks less risky.

2397.2. ShubH |May 26, 2017 14:27

sir can i go long in RBL and Allahbaad bank???

2397.3. gamble |May 26, 2017 14:41

IPO Guru (1600+ Posts, 3900+ Likes)

Suggested when rbl bank was 570 that val>uation r too high for now.. still i feel high valuation(@510) .shouldn''t give more than 5x bv.. But .for long term it''s okay
..Allahabad and other psu bnk also buy in dip type no problem.

2397.4. ShubH |May 26, 2017 15:20

and sir what about kiri industries ? should bought at current price or wait for little correction?

2397.5. gamble |May 26, 2017 15:27

IPO Guru (1600+ Posts, 3900+ Likes)

Wait. .after opening profit taking has come

2397.6. Mr. Ghosh |May 26, 2017 21:01

Gamble Sir, i want to invest rs 3 lakh for 1 year, will you please suggest around 10 to 20 stock for good return.

2397.7. gamble |May 28, 2017 20:44

IPO Guru (1600+ Posts, 3900+ Likes)

Wait for dips..u will find many opportunities in 1 yr for invest.

2397.8. Futurze Avenue |May 30, 2017 10:25

Still not convinced, I have concerns on Balance sheet and Debt..
Chola is good.. rest just ok since not solid fundamentals

2397.9. abhinavgupta |May 30, 2017 23:32

Top Contributor (200+ Posts)

average of 308 and bhel at average of 160 wts ur view in both ? Please get some time to reply.

2397.10. abhinavgupta |May 30, 2017 23:33

Top Contributor (200+ Posts)

Ujjivan at average of 308 and bhel at average of 160 wts ur view in both ? Please get some time to reply.

2397.11. gamble |May 31, 2017 10:49

IPO Guru (1600+ Posts, 3900+ Likes)

@futurze avenue ......can u please suggest some stock which hv solid funda with low debt.. .and available at good valuation?..!!!

Prabhat i m seeing 150 this yr...
Kiri PE near 7
Hindustan like FD. .very much safe.
Chola good bet given funda

Abhinavji.. .ujjivan good hold,bhel buy below 130 further (if)

2397.12. Futurze Avenue |May 31, 2017 12:15

Gemble ji..

Valuation point of i do agree with you... But every time lower PE may not be always right approach... Good fundamentally strong company will always have higher PE & grow accordingly.

I see risk of debt (Vs available reserve) the way it has creep many good business/co. like Suzlon, GVK, GMR, Lenco, DLF in long term but yes short team valuation point of finding Low PE could be OK but it should be either better management, order books in hands or prospect of business grow (based on broader economical developments)..

Presently, I would see better valuation in some pharma co. like Sun, Glenmark pharma... (PE 8 compared to industry avg. 25) Other would be Tata Global, Tata Coffee, Karur Vysya..

At times better to go with fundamentally good co. (may have higher PE/ valuation, it can be mirco or small cap) but it would be relatively safe rather than having major correction when market go down. Can be entered during broader market correction.

As a small individual investor, i personally feel, it would be very important to ensure that money should not get locked with wrong companies since very limited amount of funds are available for the EQ invest compared to other big players...

2397.13. P Patel |May 31, 2017 15:16

Top Contributor (400+ Posts, 400+ Likes)

@Futurze - Totally agree with you.

At this level some pharma stocks like Sun, Glenmark, Lupin, etc are good to invest considering 1 year of time. Within a year or so, it will give very good return with very low risk since almost no or very less on down side.

2397.14. P Patel |May 31, 2017 15:24

Top Contributor (400+ Posts, 400+ Likes)

@gamble - keep eye on Borosil Glass works...

1) Low capital - 2.31 cr
2) Low PE - 14 vs 33 of industry
3) Almost Nill debt - 32cr secured
4) Book Value - 2462 ( 2.48 - Price/Book )

Currently available at 7600 of 10 FC. Company has announced Split from 10 to 2 in August. Recently government has laid anti dumping duty.

Seems will give good return before or after split.

2397.15. Hellrazor |May 31, 2017 22:15

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

2397.16. Futurze Avenue |Jun 1, 2017 10:28

Sun, Glenmark & entire pharma pack is moving now...

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

Company Promoters:

Company Financials:

Objects of the Issue:

HUDCO IPO Details

HUDCO IPO Tentative Timetable

HUDCO IPO Lot Size

HUDCO IPO Subscription Status (Bidding Detail)

HUDCO IPO Prospectus

HUDCO IPO Rating

HUDCO IPO Listing Date

Listing Day Trading Information

HUDCO IPO Reviews / Ratings

Company Contact Information

HUDCO IPO Registrar

HUDCO IPO Lead Manager(s)

HUDCO IPO FAQs

What is HUDCO IPO?

When HUDCO IPO will open?

What is the lot size of HUDCO IPO?

How to apply for HUDCO IPO?

When HUDCO IPO allotment?

When is HUDCO IPO listing date?

HUDCO IPO Message Board

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