Housing and Urban Development Corporation Ltd (HUDCO) Incorporated in 1970. Company is a wholly-owned Government company with more than 46 years experience, and 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. Company provides finance for infrastructure projects in the sectors of water supply, sewerage, drainage, solid waste management, roads & transport, 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. The company offers consultancy services, including URP services, environmental engineering, and government programs consultancy services, and disaster mitigation services. Hudco provides home loans for individual.
IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 56 to 60 Per Share |
| Listing At | NSE & BSE |
| Issue Size | 204,058,747 Eq Shares of ₹10 (Aggregating up to ₹1,224.35 Cr) |
| Retail Discount | Rs. 2 Per Share |
| Employee Discount | Rs. 2 Per Share |
| BSE Code | 540530 |
| NSE Symbol | HUDCO |
| ISIN No. | INE031A01017 |
IPO Time Table
| IPO Open Date | 8 May 2017 |
| IPO Closing Date | 11 May 2017 |
| Allotment Date | |
| IPO Listing Date | 19 May 2017 |
IPO Lot Size & Application Amount Details
| Application | Lot | Shares | Amount |
| Minimum | 1 | 200 | 12000 |
| Maximum | 16 | 3200 | 19200 |
IPO Allotment Status
Please click here to check IPO Allotment Status for HUDCO IPO
Company Financial Details
| Particulars | 31 Dec 2016 | 31 March 2016 | 31 March 2015 | 31 March 2014 | 31 March2013 | 31 March 2012 |
| Total Assets | Rs.360,975.4 | Rs.358,815.8 | Rs. 331,137.4 | Rs.302,244.0 | Rs. 269,489.4 | Rs. 274,951.7 |
| Total Revenue | Rs.26,779.9 | Rs.33,500.8 | Rs.34,278.5 | Rs.30,028.8 | Rs.29,213.4 | Rs.27,786.4 |
| Profit After Tax | Rs.4,962.9 | Rs.8,106.1 | Rs.7,683.2 | Rs,7,339.7 | Rs.6,996.9 | Rs.6,215.7 |
Promotors Of Comapany
Company’s Promoter is the President of India, acting through the Ministries.
IPO Objects
- Carry out the disinvestment of 200,190,000 Equity Shares by the Selling Shareholder constituting 10% of the Company’s pre-Offer paid up Equity Share capital Company; and
- To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
IPO Registrar and Company Information
| Alankit Assignments Ltd Alankit House 2E/21, Jhandewalan Extension, New Delhi – 110055 Phone: (011) 4254 1234 Email: Website: https://www.alankit.com/ | Housing and Urban Development Corporation Ltd HUDCO Bhawan, India Habitat Centre, Lodhi Road, New Delhi 110 003 Phone: +91 11 2464 9610 – 27 Email: cswhudco@hudco.org Website: http://www.hudco.org |
