Housing Development and Infrastructure Ltd IPO Message Board (Page 11)

how many shares alloted of Rs. 98000/- application

HDIL will list @ 600 RS atleast and will touch upto 750 on the first day

I think it should list at a similar price to that of akruti nirman or a t a lil premium to akruti... but if this starts moving upwards then for sure akruti is also goin to boom.............. also it is a long term bet cos if one thinks the property prices in mumbai would be thrice in thre years time then this is the rite stock to be in where u can directly not invest in real estate

what is allotment status, when likely to list any chance ofpremium or not?

Hi, all readers
hdfl may list 15 % premium
congrets who apply !

When will be the allotment out for Housing Development and Infrastructure Ltd IPO? What r the chances of getting the
allotment??

we applied HDIL IPO 70 SHARE A LOT,When is the allotment expected for HDIL

Hi All.
You may please go through my msg number 65 one more time.
It is truly turning out to be prophetic.All realty company stocks are up and going up further.
All the best.Keep winning in the markets.

Hi All,
No worry about HDIL now.The way DLF is moving and all realty stocks are going up, all who applied for this IPO can consider themselves lucky.Good allotment pattern also .Remember Advanta,GMR Infra which did not have much at listing and by way of oversubscription!!!HDIL is also like that.All the best.

Ant word on the allotment status?. Is it done. Any place to track?

the grey market premium of this stock in delhi has reached rs 90 from 60 early in the afternoon as one big brokerage is buying this stock from the market today all the realty stocks flared up n hope it may go furthur frm here

Hi

Heard that allotment is done. Is that true?

i have applied for 126 shares , any chances of allocation and what should be premium

Hi, all HDIL may be debut on BSE about 550 rs + so atleast minimum 10 % premium.

125 shares should be alloted to every applicant who applied 196.. 98000 rs. application...
so how much primium should we expect??

i applied minimum bid lot. should i expect for allotment

when is the allotment expected for HDIL?

Regards,
Visu

Housing Development and Infrastructure (HDIL) has fixed the issue price at Rs 500 per share, at the higher end of the price band of Rs 430-500.

The company had come out with a public issue of 29.70 million shares and subscribed 6.6 times. The company has raised around Rs 14.85 billion.

The issue also has a greenshoe option of 4.45 million shares.

As on May 31, the company's developable land reserve was 112.20 million sq ft, of which the company itself owns 78.30 million sq ft. However, 82.8% of land reserves are in Mumbai Metropolitan region alone. The company's revenue for 2006-07 (Apr-Mar) stood at 12.04 bln rupees and profit for the year was Rs 5.48 billion.

The company has nearly 45.5 million sq ft under construction and an additional 66.6 million sq ft in various stages of planning. Much of this developable area has come from the company's slum rehabilitation activities, under which a builder gets to build additional space in return for the free housing given to slum dwellers. The company derives nearly 15% of its business from the slum rehabilitation schemes.

yes rekha you are absolutely correct hdil is an excellent company .if u look into news mumbai real esatate prices are rising and hdil will be biggest beneficiary. i will not be surprised if i see blkashyap type of listing which soared on listing and then went on to go higher. hdil will definitely go to 1000 in 3 months.

Sanjay, you would get roughly 168 shares.