Housing and Urban Development Corporation Ltd IPO

Housing and Urban Development Corporation Ltd

Issue Open

May 08, 2017

Price Band

₹ 56 - ₹ 60

Issue Size

₹ 1,224.35 Cr

Credit of Shares to Demat

-

Issue Close

May 11, 2017

Bid Lot

200

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

200

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

May 19, 2017

Refunds

-

About the company:

Housing and Urban Development Corporation Limited is a wholly-owned government company having more than 46 years of experience in providing loans for housing and urban infrastructure projects in India. The company has been conferred the status of Miniratna by the Government of India.

Date of establishment: Housing and Urban Development Corporation was established in 1970.  

Product & Service Offering: Housing and Urban Development Corporation provides long term loans for housing projects in urban as well as rural areas. The firm also provides consultancy services including URP services and disaster mitigation services.

Promoters of Housing and Urban Development Corporation Ltd.: The President of India is the promoter of the firm and acts through the Ministries.

Customer segment: The company offers its services to state government, public agencies and private sector agencies.

Objects of the Issue:

The objects of the issue are:
-     Disinvestment of 200,190,000 equity shares
-     Benefits of listing equity shares

 

Company Financials:

 

 

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

FAQ’s

Can I trade an IPO through a Discount Broker?

What are the benefit of buying & selling IPOs through a discount broker?

How is it possible to trade an IPO through a discount broker when SEBI has made mandatory to buy an IPO through ASBA?

How can I buy and sell IPO through a discount broker?

What documents are required to open an account with Samco?