Hudco IPO

State-run company plans to finance $500 million in greenfield metro projects this financial year

It raised Rs 5,476 crore through medium-term loans, Rs 2,782 crore through short-term credit, and Rs 1,500 crore via taxable bonds in April-December 2023

Rolex Rings subscribed 3.5 times on Day-1, Tatva Chintan to list on Thursday

The stock listed at Rs 73.45 on BSE and at Rs 73 on NSE, a 22% premium against IPO price of Rs 60.

Retail investors portion was also oversubscribed 10.60 times

HUDCO has fixed the price band of Rs 56-60 per equity share

Corporation is looking to raise over Rs 1,120 cr through IPOs

The issue was subscribed 63% on the first day it opened

HUDCO to raise Rs 1,224 crore through IPO

The offer received bids for 38,688,800 shares as against the total issue size of 204,058,747 shares

An overall momentum in favour of affordable housing positions the IPO attractively

A discount of up to 5% on the issue price would be given to retail investors and Hudco employees