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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.

HUDCO IPO Details

Issue OpenMay 8, 2017 - May 11, 2017
Issue TypeBook Built Issue IPO
Issue Size204,058,747 Eq Shares of ₹10
(aggregating up to ₹1,224.35 Cr)
Face Value₹10 Per Equity Share
Issue Price₹56 - ₹60 Per Equity Share
Retail Discount₹ 2 per share
Employee Discount₹ 2 per share
Market Lot200 Shares
Min Order Quantity200 Shares
Listing AtBSE, NSE

HUDCO IPO Tentative Date / Timetable

Bid/Offer Opens OnMay 8, 2017
Bid/Offer Closes OnMay 11, 2017
Finalisation of Basis of AllotmentMay 17, 2017
Initiation of RefundsMay 18, 2017
Credit of Shares to Demat AcctMay 18, 2017
IPO Shares Listing DateMay 19, 2017

HUDCO IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum1200₹12,000
Maximum163200₹192,000

HUDCO IPO Subscription Status (Bidding Detail)

HUDCO IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Total

Shares Offered

100,095,000

30,028,500

70,066,500

3,868,747

204,058,747

May 11, 2017 17:00

55.45x

330.36x

10.79x

0.74x

79.53x

HUDCO IPO Prospectus

HUDCO IPO Rating

3339
4.2
Rating:Rated 4.2 stars

Vote Here ...

HUDCO IPO Listing Date

Listing DateFriday, May 19, 2017
BSE Script Code540530
NSE SymbolHUDCO
Listing InB
ISININE031A01017
Issue Price₹60 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue 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

HUDCO IPO Reviews / Ratings

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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 FAQs

  1. 1. What is HUDCO IPO?

    HUDCO IPO is an main-board initial public offering of 204,058,747 equity shares of the face value of ₹10 aggregating up to ₹1,224.35 Crores.

    The issue price of the IPO is ₹56 - ₹60 Per Equity Share. The minimum order quantity is 200 Shares per application and the offer type is Book Built Issue.

    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.

  2. 2. When HUDCO IPO will open?

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

  3. 3. How to apply for HUDCO IPO?

    HUDCO IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. 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.

  5. 5. When is HUDCO IPO listing date?

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

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HUDCO IPO Review / Comments

Thapan
2416. Thapan  Jul 24, 2017 19:04 I Like It. | Report Abuse
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
chennai tamizhan
2415. chennai tamizhan  Jul 13, 2017 20:50 I Like It. | Report Abuse
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
Msharma
2414. Msharma  Jul 13, 2017 18:29 I Like It. | Report Abuse
Most of IPO holders are exit now. . could see 120 soon.
Nidhike
2413. Nidhike  Jul 13, 2017 14:23 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Tgt 100 Hit

On way to @120/-

Cheers!!!!!😍
Mitesh Kasliwal
2412. Mitesh Kasliwal  Jul 12, 2017 12:58 I Like It. | Report Abuse
I am a new investor. Please suggest whether to hold or sell HUDCO.
TSK
2412.1. TSK  Jul 12, 2017 13:45 I Like It. | Report Abuse
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.
KaranDoor
2412.2. KaranDoor  Jul 13, 2017 13:57 I Like It. | Report Abuse
Start selling in low amounts. Keep 50 percent for next bull run.
Prakash Baheti
2411. Prakash Baheti  Jul 12, 2017 13:43 I Like It. 1 | Report Abuse
Market blast bcoz of hudco
rvr
2410. rvr  Jul 11, 2017 11:28 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
Firing in all cylinders
OSR
2409. OSR  Jul 11, 2017 10:48 I Like It. 1 | Report Abuse
HUDCO time started now.... going up!!!
WeWake
2408. WeWake  Jul 5, 2017 23:43 I Like It. 1 | Report Abuse
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!!
Chintan Joshi
2407. Chintan Joshi  Jul 4, 2017 11:34 I Like It. | Report Abuse
Hello Friends,

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

Best of luck for allotment.
cooldave
2406. cooldave  Jun 27, 2017 19:00 I Like It. | Report Abuse
I haven''t sold shares for HUDCO. Have read that it will perform better, but daily its valuation is decreasing. Please suggest.
CA M&co.Jodhpur
2405. CA M&co.Jodhpur  Jun 26, 2017 15:19 I Like It. 1 | Report Abuse
Hold for long time for good return
Strong fundamental company.
DGGuj
2404. DGGuj  Jun 23, 2017 07:57 I Like It. | Report Abuse
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
pramod k bhadrekhi
2403. pramod k bhadrekhi  Jun 21, 2017 11:03 I Like It. | Report Abuse
sir plz any suggestion of hudco, i sell or hold, and how much time
Kick
2402. Kick  Jun 20, 2017 15:11 I Like It. | Report Abuse
How much subscription till now????
Vicky Modi
2401. Vicky Modi  Jun 19, 2017 12:56 I Like It. | Report Abuse
Any view on holding off hudco for 1 year??
CA M&co.Jodhpur
2400. CA M&co.Jodhpur  Jun 15, 2017 11:08 I Like It. 3 | Report Abuse
Start upmove from today..cmp 70.15
Target 74.55-78.10 in short term
Septa
2399. Septa  Jun 14, 2017 23:13 I Like It. | Report Abuse
IPO Guru IPO Guru (3900+ Posts, 4400+ 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 ?
kabra
2399.3. kabra  Jun 15, 2017 08:14 I Like It. | Report Abuse
sorry. replace our with your call
hsc
2399.4. hsc  Jun 15, 2017 09:53 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
CA M&co.Jodhpur
2398. CA M&co.Jodhpur  Jun 2, 2017 16:52 I Like It. 4 | Report Abuse
Buying Recommendation.
Strong fundamental company.
Ranga
2398.1. Ranga  Jun 5, 2017 10:49 I Like It. 4 | Report Abuse
HUDCO is going to declare 10% dividend. Enjoy
AKH
2398.2. AKH  Jun 10, 2017 11:42 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
dividend declared almost INR0.05 per equity share
gamble
2397. gamble  May 26, 2017 09:23 I Like It. 2 | Report Abuse
IPO Guru 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
Hellrazor
2397.15. Hellrazor  May 31, 2017 22:15 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
Futurze Avenue
2397.16. Futurze Avenue  Jun 1, 2017 10:28 I Like It. | Report Abuse
Sun, Glenmark & entire pharma pack is moving now...



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