Forthcoming IPO_Housing & Urban Development Corporation Ltd.

Housing & Urban Development Corporation Ltd.
Issue Open Date 08-May-17
Issue Closing Date 11-May-17
Application Money 100
Allotment Money
Price Band (Rs.) 56 – 60
Minimum Bid Quantity. 200
Issue Size (Shares) 204058747
Market Lot 1
Objective :
The objects of the Offer are: (i) to carry out the disinvestment of 200,190,000 Equity Shares by the Selling Shareholder constituting 10% of our Company’s pre-Offer paid up Equity Share capital our Company; and (ii) to achieve the benefits of listing the Equity Shares on the Stock Exchanges. Our Company will not receive any proceeds from the Offer and all proceeds shall go to the Selling Shareholder.

Business Description :

Our Company is a wholly-owned Government company with more than 46 years” experience in providing loans for housing and urban infrastructure projects in India. We have been conferred the status of

Miniratna (Category-I Public Sector Enterprise) by the GoI. As at September 30, 2016, our total sanctioned loans since our inception was ` 1,570,870.0 million, ` 612,305.4 million of which, or 38.97%, were Housing Finance (as defined below) loans and ` 958,573.2 million of which, or 61.02%, were Urban Infrastructure Finance (as defined below) loans. As at September 30, 2016, our total outstanding Loan Portfolio was ` 361,119.3 million, ` 112,951.1 million of which, or 31.28%, were Housing Finance loans and ` 248,168.2 million of which, or 68.72%, were Urban Infrastructure Finance loans and project-linked bonds.

Address
Hudco Bhawan
India Habitat Centre
Lodhi Road
New Delhi ,
Delhi ,
110003
Phone :

91-011-24627113-15
Email :

hudco1970@gmail.com
Website :

www.hudco.org

Registrar
Alankit Assignments Ltd
205-208
Anarkali Complex
Jhandewala Extension

New Delhi

Listed at
BSE, NSE
Lead Manager
ICICI Securities Ltd
IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)
Nomura Financial Advisory & Securities (India) Pvt Ltd.
SBI Capital Markets Ltd
Promoters
Government of India & Ministry Of Urban Development
Ministry Of Rural Development
President Of India

 

 

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