HUDCO IPO

Housing and Urban Development Corporation Ltd IPO

 

HUDCO LogoThe Housing and Urban Development Corporation Limited (HUDCO) has more than 46 years’ experience in providing loans for housing and urban infrastructure projects in India. The Miniratna company’s total outstanding loan portfolio was INR361,119.3 million as of September 30, 2016. Out of this, INR112,951.1 million, or 31.28%, were for Housing Finance loans and INR248,168.2 million, or 68.72%, were Urban Infrastructure Finance loans and project-linked bonds.

HUDCO classifies its housing finance loans into social housing, residential real estate and retail finance, which is branded as HUDCO Niwas.  Under social housing, the ultimate beneficiaries of the loans are borrowers belonging to the economically weaker sections (EWS) of the society, which is defined as families with household income of INR300,000 per annum or less, and borrowers belonging to the lower income group (LIG), which is defined as families with household income from INR300,001 per annum to INR600,000 per annum. Under residential real estate, the ultimate beneficiaries of the loans are public and private sector borrowers for housing and commercial real estate projects, including land acquisition. Such housing and commercial real estate projects cater primarily to the middle-income group and high-income group of society.

Under urban infrastructure finance, HUDCO makes loans for projects relating to water supply, roads and transport, power, emerging sectors, which includes SEZs (special economic zones), industrial infrastructure, gas pipelines, oil terminals and telecom sector projects, commercial infrastructure which includes shopping centres, market complexes, malls-cum-multiplexes, hotels and office buildings, social infrastructure and area development, and sewerage, drainage and solid waste management. HUDCO’s borrowers under Urban Infrastructure Finance are primarily State Governments and their agencies. It ceased sanctioning new Urban Infrastructure Finance loans to entities in the private sector in March 2013.

Promoters of HUDCO: The President of India 

HUDCO IPO details
Subscription Dates8 - 11 May 2017
Price BandINR56 - 60 per share
Fresh issueNil
Offer For Sale204,058,747 shares (INR1,224.3 crore)
Total IPO size204,058,747 shares (INR1,224.3 crore)
Minimum bid (lot size)200 shares
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE

 

HUDCO's consolidated financial performance (in INR crore)

FY2012FY2013FY2014FY2015FY20166M FY2017
Total revenue2,778.62,921.33,002.93,427.83,302.21,748.2
Total expenses1,838.91,880.61,877.82,258.02,230.61,228.3
Profit after tax621.6699.7734.0768.3774.3348.2

HUDCO
HUDCO Bhawan, India Habitat Centre, Lodhi Road
New Delhi 110 003

Phone: +91 11 2464 9610
Fax: +91 11 2464 8427
Email: [email protected]
Website: www.hudco.org

Earnings Per Share (EPS): INR3.87

Price/Earnings (P/E) ratio: 14.5 - 15.5

Return on Net Worth (RONW): 9.18%

Net Asset Value (NAV): INR42.14 per share

Alankit Assignments Limited
205-208, Anarkali Complex,
Jhandewalan Extension
New Delhi - 110 055

Phone: +91 11 4254 1234
Fax: +91 11 4154 3474
Email: [email protected]
Website: www.alankit.com

HUDCO IPO Subscription Details

CategoryShares offeredSubscription (No. of times, at 5:30 PM) 
Day 1Day 2Day 3
QIB100,095,000 0.17 2.9555.45
NII 30,028,500 0.16 0.94330.36
Retail70,066,500 1.52 4.1210.34
 Employees3,868,747 0.01 0.210.70
Total204,058,747 0.633.0079.38

HUDCO IPO allotment is now available on BSE website. Please click on this link to get allotment status. You'll need PAN and application number to get status.

Allotment status will appear after entering these details. If no further details appear, you haven't got an allotment.

IPO Opening Date: 8 May 2017

IPO Closing Date: 11 May 2017

Finalisation of Basis of Allotment: 17 May 2017

Initiation of refunds: 18 May 2017

Transfer of shares to demat accounts: 18 May 2017

Listing Date: 19 May 2017

Listing Price on NSE: INR73 per share (up 21.7% from IPO price)

Closing Price on NSE: INR72.15 per share (up 20.2% from IPO price)

103 thoughts on “HUDCO IPO

  • August 13, 2017 at 5:24 AM
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    सब अंग्रेजी बोल राहे है , कुछ समज नाही आया.

    Reply
  • May 29, 2017 at 8:43 AM
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    My money is still blocked in ASBA but not allotment yet! What is going on? Alankit is a fraud organization and there should be an investigation against them.

    Reply
  • May 20, 2017 at 10:08 PM
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    seems a scam.i made 2 applications of 400 shares each , but no allotment.basis of allotment is not known

    Reply
  • May 19, 2017 at 10:25 PM
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    Very poor show by Alankit with Hudco. They will have difficulty in becoming registrar for any other IPO now. What a shame…

    Reply
  • May 19, 2017 at 12:34 PM
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    Me too applied 1200 shares..but didn’t get any..!! Is there a rule that minimum one lot should be assigned? with 10 times retail subscription,we should have at least got 100 to 120 shares..

    Reply
  • May 19, 2017 at 12:31 PM
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    Registrar like Alankit must be blocked from IPO allocation & handling

    Reply
  • May 19, 2017 at 12:25 PM
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    Bloody Nonsense Alankit, even after listing no news abt allotment and now says No Allotment. No transparency regarding allotment. In Chutiyo ko kese bana diya registrar HUDCO ne.

    Reply
    • May 19, 2017 at 8:12 PM
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      You are right it may be scam. Third class act of this. Beware in future like this company.

      Reply
  • May 19, 2017 at 11:15 AM
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    The bloddy F*****g registrar. very poor process. Script listed, bt no shares alloted and money not refunded. can’t tolerate at all as I could not trade due to the lac of money.

    Reply
  • May 19, 2017 at 10:46 AM
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    I have not received any msg yet for allotment confirmation. How will i come to know about allotment.
    Please tell me is there any way to check the status. I have applied from icici direct.

    Reply
    • May 19, 2017 at 11:17 AM
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      I too did from ICICI direct. No update of allotment. can’t see anything in demat allocation and money also not refunded.

      Reply
  • May 19, 2017 at 10:39 AM
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    Feeling so much blessed…Got shares allotted in my very first IPO application. Finger crossed for listing of shares.

    Reply
  • May 19, 2017 at 8:44 AM
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    I got allotment but still don’t have shares in my trading account. Worst experience with Alankit. Don’t you think it shouldn’t be allowed to act as registrar???

    Reply
  • May 19, 2017 at 8:22 AM
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    I wasn’t allotted any HUDCO share. I had applied for 1200 . Why this happens?

    Reply
  • May 18, 2017 at 8:34 PM
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    I also got 200 share of hudco and received msg from alankri.
    What should I do tommorow, am I hold that or sell tomorrow ?
    I am very new for ipo,first time,
    Expert pls give some advice…

    Reply
  • May 18, 2017 at 4:47 PM
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    Got shares allotted in my very first IPO application. Finger crossed for listing of shares.

    Reply
    • May 18, 2017 at 5:26 PM
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      how to check the allotment status ?

      ” HUDCO IPO allotment is now available on Alankit Assignments’ website. Please click on this link to get allotment status. ”

      alankit Site is very slow …………

      Reply
      • May 18, 2017 at 5:48 PM
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        me too i dont know this ipo plz update

        Reply
    • May 18, 2017 at 6:04 PM
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      ALANKIT IS SHOWING IPO ALLOTMENT IS UNDER PROCESS. MY FUND IS STILL BLOCKED. I DIDN’T GET ANY SHARES. WHAT IS GOING ON??
      I INVESTED ON VERY FIRST DAY 08.05.2017 STILL NO SHARES.??

      Reply
    • May 18, 2017 at 7:10 PM
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      where could you see it. Alankit site is veryslow.
      Thanks in advance

      Reply
    • May 19, 2017 at 5:02 PM
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      Hi Rohit
      can you tell me when did you apply, is it on first day or on which day did you apply, and for what rate and how much lot did you apply.

      Reply
  • May 18, 2017 at 4:09 PM
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    Havent recieved any message for hudco allotment, funds still blocked. How to check??

    Reply
    • May 18, 2017 at 4:26 PM
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      Any update on allotment status? Even i did not receive any msg. Funds still block

      Reply
  • May 18, 2017 at 1:49 PM
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    got 2/3 in hudco msg got from nsdldp

    Reply
  • May 18, 2017 at 12:05 PM
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    I just got message from NSDL of getting 200 HUDCO shares, feeling blessed after so many failures

    Reply
    • May 18, 2017 at 12:08 PM
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      u applied through which bank ?

      Reply
  • May 17, 2017 at 6:58 PM
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    any hudco ipo allotment news?

    Reply
  • May 17, 2017 at 6:20 PM
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    Any news on allotment of shares?

    Reply
  • May 15, 2017 at 2:47 AM
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    Hello … as i checked NII category is over subscribe 330 Times means if i invest 330000 rupee then i got the share of 1000 rs. is i am right.
    then What is the benefit to apply in that category.
    What i know if we invest above 2 lac then our investment is in this category and despite of lottery draw share are divided equally depend upon demand.

    I applied the max lot in HUDCO that is 3200 shares in retails category but i have more liquidity as well so requested you to please update is it benefit to invest in NII category.
    Thanks…..

    Reply
  • May 11, 2017 at 10:43 PM
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    lagta hai yeah IPO bhi s chand jaisa pitega
    sabka POPAT hoga

    Reply
    • May 12, 2017 at 10:11 AM
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      Banega to Jaroor. Per pahale koi ye to post kare ki allotment kis tarika se hoga. Koi manipulation to nahi hoga ? Ek demat account se ek hi application ko consider kiya jana chahiye. Authorities must take note of it for fair allotment.

      Reply
  • May 11, 2017 at 8:03 PM
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    listing under cutting prise 58 for retailer listing 58 trade after 5 min 56 rs closing 55 high 59 ……..

    Reply
  • May 11, 2017 at 2:16 PM
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    I have applied for 3600 shares (18 Lots) and manually mentioned Rs.60 as per share amount…..as this is my first IPO as a HNI Investor, I have a doubt about the PER SHARE PRICE which I have mentioned…..As CUT-OFF facility is not allowed for HNI, have I mentioned the right correct price?

    Reply
  • May 9, 2017 at 1:19 PM
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    Kya yeh bhi S Chand bnega is fully subscribe

    Reply
    • May 10, 2017 at 10:35 PM
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      Listing gains r sure

      Reply
  • May 9, 2017 at 10:30 AM
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    how can i apply for hudco ipo ?
    please tell me the detailed steps
    i have an upstox demat a/c

    Reply
    • May 10, 2017 at 12:45 PM
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      AGAR AAPKE PASS SBI KI ONLINE BANKING HAI TO AAP ONLINE SBI PAR JAKAR E SERVICE—–ABSPA SERVICE ——-REGD UR DEMAT ACC ——- THEN IPO & FURTHER YOU CAN DO APPLY YOURSELF ONLINE

      Reply
  • May 9, 2017 at 8:48 AM
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    Can some one advise the basis of allotment in the sense who stands a better chance to get allotment – the one who applies for minimum or one who applies for maximum shares ?
    Specifically in case of HUDCO
    Secondly, does it differ from IPO to IPO.
    THANKS

    Reply
    • May 10, 2017 at 5:42 PM
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      the shares are allotted randomly
      the more demat accounts u use,there will be more chances of getting allotment

      Reply
  • May 8, 2017 at 9:10 PM
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    I don’t have yet net banking account . Where I have to submit my manual application for hudco IPO IN PUNE

    Reply
    • May 9, 2017 at 1:40 PM
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      to your broker sir tumchi ji pan broker sanshtha asel tichya nearest branch la submit kara

      Reply
    • May 9, 2017 at 9:50 PM
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      You can apply IPO through Bank branch also ….

      Reply
    • May 12, 2017 at 10:07 AM
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      When you have applied, certainly you must be having a demat account and a bank account linked with your demat account. You could have applied through your demat account. But the IPO of HUDCO is over now.

      Wait for another opportunity

      Reply
  • May 8, 2017 at 7:39 PM
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    How many Shares​ should I purchase at a time ?

    Reply
    • May 9, 2017 at 9:16 AM
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      You can purchase minimum 1lot size at time & in multiples of 2,3,4 lots (58*200)*1or2or3

      Reply
  • May 8, 2017 at 7:39 PM
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    Hi! I have applied for 1000 qty in the morning when it just opened for subscription please suggest will I be able get this quantity?

    Reply
  • May 8, 2017 at 4:52 PM
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    how many shares to apply at maximum to get allotment ,as ipo may get over subscribe

    Reply
  • May 8, 2017 at 2:11 PM
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    the hudco gmp is 29,on Friday closing so it may lists between 90-100, if gmp is lowered before the listing date it may vary, hopes good listing thank u all kiran dr gsr

    Reply
  • May 8, 2017 at 12:42 PM
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    What is the maximum i can apply in retail category for 3200 shares or 3400 shares? Some On line systems are calculating @60 and not allowing for 3400 shares

    Reply
    • May 8, 2017 at 1:24 PM
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      you can apply for 3400 shares

      Reply
    • May 8, 2017 at 2:19 PM
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      How does it matter??? Do you think you will get more than 200 shares??

      Reply
      • May 8, 2017 at 5:18 PM
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        Haha… correct. It will be super subscribed. No chance of getting more than 200. You will get 200 max if you are lucky…

        Reply
        • May 16, 2017 at 12:40 PM
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          Ye Subscribed kuch nahi hota sirf manipulated subcribe hota hai …..

          Reply
  • May 7, 2017 at 5:43 PM
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    Interesting Firm.

    Reply
  • May 6, 2017 at 7:33 PM
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    BREAKING NEWS
    Pune Metro Project: Hyderabad based NCC wins first contract
    NCC shares must gain on monday

    Reply
  • May 4, 2017 at 12:27 PM
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    i want to invest in hudco ipo opening on 8th may. kindly update me on the details of how to apply for the ipo.

    thank you
    bhawana dugar

    Reply
  • May 3, 2017 at 7:12 PM
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    hit ipo but for long term

    Reply
  • May 2, 2017 at 3:17 PM
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    I want to invest in HUDCO IPO

    Reply
  • May 2, 2017 at 1:12 PM
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    I will be booking better HUDCO to make HUDCO IPO next week. Share 200 if band price 60?

    Reply
  • April 30, 2017 at 10:27 AM
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    The price is economical to invest in it.

    Reply
  • April 28, 2017 at 11:31 AM
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    Can someone tell me how I can book the shares for hudco ipo

    Reply
  • April 28, 2017 at 10:35 AM
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    Issue price has been increased from 50/- earlier. Retail investors will get a discount of 2/- but clearly, even the government is looking to exploit the bullish market. HUDCO is still better at a PE ratio of 15 than other epensive offers like S Chand

    Reply
  • April 26, 2017 at 7:07 PM
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    Price band will be out tomorrow. Opening date most probably 8th

    Reply
    • April 28, 2017 at 10:29 AM
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      You were absolutely correct Ankit 🙂

      Reply
  • April 19, 2017 at 12:07 PM
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    Plz call me. ….. tell you issue date ipo HUDCO

    Reply
  • April 18, 2017 at 4:29 PM
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    Why some equity shares are not shown in the demat balance but shown in portfolio.How i can sell these shares.I have hdfc sec demat acct.Can anybody suggest what to do.Thanks

    Reply
  • April 14, 2017 at 6:25 PM
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    HUDCO IPO date finalised

    Opening date of HUDCO IPO is finalised by SEBI. Ipo is going to be open on 02 of May, 2017.

    Reply
    • April 15, 2017 at 9:07 AM
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      Kya bakwass pel raha hai iponews. Don’t mislead ppl here if you don’t have correct information.

      Reply
      • April 19, 2017 at 11:11 AM
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        iponews is right date is rescheduled by sebi on 2nd May.

        Reply
  • April 13, 2017 at 7:18 PM
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    date change 2may

    Reply
  • April 10, 2017 at 9:46 PM
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    Good IPO hudco……but exactly date of opening???

    Reply
  • April 9, 2017 at 3:32 PM
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    I agree it will be a oversubcribed and allotment will be difficult but hudco is not going to be a multibager. Just look at the numbers – 7% gross npa and debt equity ratio of nearly 3. It is alrit to invest but don’t have high hopes..

    Reply
  • April 8, 2017 at 10:52 AM
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    I think HUDCO will be a multibagger but allotment will be difficult so better to sell application

    Reply
  • April 5, 2017 at 11:04 AM
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    can anyone update on open and closing dates of the IPO

    Reply
  • April 3, 2017 at 7:27 PM
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    what is the GMP for Hudco

    Reply
    • April 4, 2017 at 5:53 PM
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      HUDCO GMP trades near 30 and it has only increased in last week. Will be very cheap if price is at 50/-

      Reply
  • April 3, 2017 at 12:44 PM
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    50 rupees per share good price?

    They have 20 crore shares for 10%,so total company to have more than 200 crore shares..

    With total income just above 3000 crore, the fair price seems to be around 20 only..

    Reply
    • April 3, 2017 at 2:45 PM
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      Which method is this sir pls educate us!!

      Reply
  • April 2, 2017 at 2:39 PM
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    Is it a good script

    Reply
  • March 31, 2017 at 11:15 PM
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    I think hudco may give good returns iike d mart

    Reply
  • March 31, 2017 at 9:34 PM
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    contact me if anyone interested to open an Demat & Trading a/c and Gray Market(IPO) with TradeSwift Broking PVT LTD. with SANDEEP JAIN From jaipur

    WhatsAap me : 9950420842 , 7730027742

    Reply
  • March 31, 2017 at 1:41 PM
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    HUDCO IPO

    Issue open on 17april 2017
    Issue close on 19april 2017

    issue size – 20,01,90,000 eq

    face value – 10/eq share

    issue price – 48-50(upper band)

    lot size – 300

    Reply
    • April 5, 2017 at 7:10 AM
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      How to purchage sharess of hudco

      Reply
  • March 30, 2017 at 7:23 PM
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    contact me if anyone interested to open an Demat & Trading a/c in a exclusive segment with kotak securities. Delhi, NCR only
    call 7290026983
    or
    whataap me 8961325422

    Reply
  • March 29, 2017 at 8:46 PM
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    Bumper ipo like dmart

    Reply
  • March 28, 2017 at 8:49 PM
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    HUDCO will be in the last week of April. Price will be around 50

    Reply
  • March 28, 2017 at 6:59 PM
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    Issue Open: April 05, 2017 – April 07, 2017 (Tentative Dates)
    Issue Type: 100% Book Built Issue IPO
    Face Value: Rs 10 Per Equity Share
    Issue Size: 200,190,000 Equity Shares of Rs 10 aggregating up to Rs * Cr
    Issue Price: Rs 48 – Rs 50 Per Equity Share (Tentative Price)
    Market Lot: 300 Shares
    Minimum Order Quantity: 300 Shares
    Listing At: BSE, NSE

    Reply
  • March 28, 2017 at 6:54 PM
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    calll me if U want to selll Ur apPLicatn
    Gmp 50%
    8863805714

    Reply
  • March 28, 2017 at 1:07 PM
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    When and what price??

    Reply

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