Housing & Urban Development Corp.Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 100,095,000 (49%) | — | ₹60,057 Cr |
| NII (HNI) | — | 30,028,500 (15%) | — | ₹18,017 Cr |
| Retail | — | 70,066,500 (34%) | — | ₹42,040 Cr |
| Employee | — | 3,868,747 (2%) | — | ₹232 Cr |
| Σ Total | — | 204,058,747 (100%) | — | ₹1,224,352 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹12,000 |
| Retail (Max) | 13 | 2,600 | ₹156,000 |
| S-HNI (Min) | 14 | 2,800 | ₹168,000 |
| B-HNI (Min) | 67 | 13,400 | ₹804,000 |
Financial Statements Amount In Crore
| Metric | 31-Dec-16 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 2,678 | 3,350 | 3,428 |
| Profit After Tax | 496 | 811 | 768 |
| Total Assets | 36,098 | 35,882 | 33,114 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 The company will not receive any proceeds from the Offer and all proceeds shall go to the Selling Shareholder. –
Company Overview
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.