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Track all the latest updates and news of HDIL IPO.
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Published by : Business TodayHousing Development and Infrastructure Ltd. IPO listing date & Info:
Listing On: Tuesday, July 24, 2007
BSE Script Code: 532873
NSE Symbol: HDIL
Listing in:
ISIN: INE191I01012
Issue Price: Rs. 500/- Per share (Face Value of Rs. 10/-)
IPO Allotment Status is now available online for Housing Development and Infrastructure Ltd IPO .
Housing Development and Infrastructure Ltd IPO was closed on July 03 and was oversubscribed by around 6.60 times (Retail 1.59 times).
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.
Housing Development and Infrastructure Ltd (HDIL) is entering the capital markets with an initial public offering, IPO of 30,000,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 430/- at lower level and Rs 500/- at upper level for equity share of Rs 10. The issue opens on June 28, 2007, and closes for subscription on July 03, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Housing Development and Infrastructure Ltd (HDIL), a Mumbai based infrastructure and real estate development company, proposes to enter the stock market with a public issue of 3 crore equity shares of Rs 10 each through 100 per cent book building process. The company has filed its Draft Red Herring Prospectus with SEBI.
The HDIL IPO is proposed to open on June 28, 2007. The IPO application ends on July 3, 2007.
Retail investors can apply in the retail or non-institutional investor category from June 28, 2007 to July 3, 2007. The HDIL IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The HDIL IPO will open for subscription on June 28, 2007. The public issue will close on July 3, 2007.
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