Business Standard

Housing & Urban Development Corporation Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,209.78 cr

Price Range (₹)

60

Lot Size

200

Min Investment (₹)

12,000.00

Listing Exchange

MumbaiNSE

Open Date

08-May-2017

Close Date

11-May-2017

Listing Date

19-May-2017

Housing & Urban Development Corporation Ltd News

    The Shares of Housing & Urban Development Corporation Ltd have now been listed.

    Housing & Urban Development Corporation Ltd IPO Details

    Initial public offering of 204,058,747 equity shares of face value of Rs. 10 each (Equity Shares) of Housing and Urban Development Corporation Limited (The Company or The Issuer) through an offer for sale by The President of India, acting through The Ministry of Housing and Urban Poverty Alleviation, Government of India (The Selling Shareholder), for cash at a price of Rs. 60 per equity share (The offer price), aggregating to Rs. 1209.78 crores (The offer). The offer comprises a net offer of 200,190,000 equity shares and an employee reservation portion of up to 3,868,747 equity shares. The offer and the net offer shall constitute 10.19% and 10% respectively, of the post-offer paid-up equity share capital of the company.The offer price: Rs.60 per equity share of face value of Rs.10 each.The offer price is 6 times of the face value.

    Objective of issue

    Listing fees on Stock exchanges.

    Housing & Urban Development Corporation Ltd Contact Details

    Housing & Urban Development Corporation Ltd, 205/208, Anarkali Market, Jhandewalan Extn, New Delhi - 110055

    Phone - 91-011-42541965/42541953

    Fax - 91-011-41540064

    Email - cswhudco@hudco.org

    Website - www.hudco.org