06 May 2017

Product Note on HUDCO IPO; Grey market permium

Please Share:: Bookmark and Share �� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
��
-->

 HUDCO IPO
  Grey  market permium : Rs 30-33

Product Note on Hudco IPO.

Company
HOUSING AND URBAN DEVELOPMENT CORPORATION LTD.
Profile
HUDCO is a wholly-owned Government company with more than 46 years of experience in providing loans for housing and urban infrastructure projects in India. The Company have been conferred the status of Miniratna (Category-I Public Sector Enterprise) by the GoI.
Offer Period
Opens On :  Monday,  May 8, 2017
Closes On :  Thursday, May 11, 2017
Price Band
Rs. 56/- to Rs. 60/-
Bid Lot
200 Equity Shares and in multiples thereafter
Discount
Rs. 2 Per share for Retail Investor & Eligible Employees
Offer Size
204,058,747 Equity Shares aggregating to Rs. 1127.94 Crs at Lower band & Rs. 1209.57 Crs at upper Band & Employee Reservation  Up to 3,868,747 Equity Shares aggregating to Rs. 20.89 Crs at lower band & Rs. 22.44 Crs at upper band
Net Offer
200,190,000 Equity Shares aggregating to Rs.1107.05 crs at lower band & Rs.1187.13 crs at upper band
QIB
50% of the Issue
NIB
15% of the Issue
Retail
35% of the Issue
Mode of Payment
ASBA Mandatory (No Cheques will be accepted)
Registrar
Alankit Assignment Limited
Listing
NSE and BSE

Regards,

No comments:

Post a Comment