Housing and Urban Development Corporation Ltd IPO Message Board (Page 101)

Can i apply for lot of 400 shares...???

Retail discount 5%

it will be 57 for retail investors

READ BELOW EGELEYE MSG FOR YOUR CLARIFICATION ABT DISCOUNT...

Retail discount is Rs2 not 5%

HUDCO IPO

GMP 25.50 – 26.00
Kostak 900 – 950

Raising the price band seen by the market as a big vote of confidence...

The QIBs have been properly consulted during the road shows and they are fully convinced @60/- ... As a matter of fact the institutions were against offering any discount to retail & employees ... But the government was adamant ... Therefore the discount was settled at 2/- ... And not @5% which would have been = 3/-

The market is very excited with this offering ... The Government has many more IPOs in the pipeline ... This one being the first ... They would like everyone to make good money ... So that the subsequent PSU IPOs will also attract investors fancy.

It is expected that the Kostak should go up from current levels of 900 – 950

@Manoj you mean to say 40% premium is bad.

market lot?

please update the dates on the dashboard..

Confirm

Issue Open : 8th May
Issue Close : 10th May

Price Range : Rs56 to Rs60 a share

Sorry

Close on 11th May

What is issue price for this ipo ??

Every one is giving me different price.

Any exact price ?

Registar : Alankit Assignments Ltd

Who is the REGISTRAR to the HUDCO issue?

After increase in price range, how much is it worth?

Bid lot of 200 share and prise range 56 to 60 retail invested discount rs 2 per share

For Retail
Price Band & Lot size ???????

http://www.moneycontrol.com/news/business/ipo-business/hudcos-rs-1201-cr-ipo-to-open-on-may-8-price-band-set-at-rs-56-60-per-share-2266609.html

HUDCO''s Rs 1,201-cr IPO to open on May 8, price band set at Rs 56-60 per share

State-run Housing and Urban Development Corporation (HUDCO) has decided to launch its initial public offering on May 8 and set a price band at Rs 56-60 per share.

The IPO comprised sale of 20 crore equity shares (10 percent paid-up capital) by the central government through an offer for sale (OFS).

The issue will close on May 11 and anchor investors'' portion will open for subscription on May 5.

The company aims to raise Rs 1,121 crore at lower end of price band and Rs 1,201.1 crore at higher end of price band.

The object of the offer is to carry out the disinvestment of 2 crore equity shares by the central government. Hence, the company will not receive any proceeds from the offer.

The government targets to garner Rs 56,500 crore through divestment during the fiscal, including Rs 36,000 crore via minority stake sale in PSUs.

HUDCO had received approval from capital markets regulator SEBI for the IPO in March after filing draft red herring prospectus in December 2016.

Retail investors and employees of the company will get equity shares at a discount of up to 5 percent to the final issue price.

IDBI Capital, Nomura Financial Advisory and Securities, SBI Capital Markets and ICICI Securities are book running lead managers to the issue.

Price Band is 56 to 60,....apply

Issue Information: (Tentative)

Issue Opens on: 08 May 2017
Issue Closes on: 11 May 2017
Issue Type: Book Built Issue IPO
Issue Size: 20,40,58,747 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.48 – Rs.50 per Equity Share (TBC)
Market Lot: 300 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,00,19,00,000 Equity Shares
Offer for Sale of 20,40,58,747 Equity Shares @50/- aggregating up to Rs.1020.29 Crores
Equity Shares outstanding after the Issue = 2,00,19,00,000 Equity Shares

Category-wise Break up:
Anchor – 6,00,57,000 Shares = 300.29Crs.
Net QIB – 4,00,38,000 Shares = 200.19Crs
NII – 3,00,28,500 Shares = 150.14Crs
RII – 7,00,66,500 Shares = 350.33Crs (Lot size: 300 = 233,555 Forms)
Employees – 38,68,747 Shares = 19.34Crs
Total Issue – 20,40,58,747 Equity Shares = 1020.29Crs.

Subscription required for 1X
RII = 233,555 Forms
NII = 150.14 Crs

Interest cost @6%p.a. for 7days = 5.753paise for 1X

price band 56-60 and lot size will change 200

Now this is perfect kostak seller candidate. ..or sell on listing.
Hope that will get good kostak. ..

1200 would b great

Absolutely no growth.

2mahine se bol raha hu..... REGISTRAR ALANKIT ASSIGNMENTS LTD hai

HUDCO IPO – Schedule – Page #555 of RHP

08th May – Offer Opens
10th May – Bank Holiday for Buddha Pournima
11th May – Offer Closes
17th May – Finalisation of Basis of Allotment
18th May – Unblocking of ASBA
18th May – Credit to Demat Accounts
19th May – Listing on NSE & BSE


Issue Information: (FINAL)

Issue Opens on: 08 May 2017
Issue Closes on: 11 May 2017
Issue Type: Book Built Issue IPO
Issue Size: 20,40,58,747 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.56 – Rs.60 per Equity Share (QIB & NII)
Discount: Rs.54 – Rs.58 per Equity Share (RII & Employees)
Market Lot: 300 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,00,19,00,000 Equity Shares
Offer for Sale of 20,40,58,747 Equity Shares @upper price band = Rs.1209.57 Crores
Equity Shares outstanding after the Issue = 2,00,19,00,000 Equity Shares

Category-wise Break up:.
QIB – 10,00,95,000 Shares = 600.57Crs (No Anchor)
NII – 3,00,28,500 Shares = 180.17Crs
RII – 7,00,66,500 Shares = 406.39Crs (Lot size: 200 = 350,333 Forms)
Employees – 38,68,747 Shares = 22.44Crs
Total Issue – 20,40,58,747 Equity Shares = 1209.57Crs.

Subscription required for 1X
RII = 350,333 Forms
NII = 180.1714 Crs

Interest cost @6%p.a. for 7days = 65904paise for 1X


Financial Information (Basis of Valuation):

EPS for FY11-12 >>> Rs.3.1 (Page #66 of RHP)
EPS for FY12-13 >>> Rs.3.5 (Page #66 of RHP)
EPS for FY13-14 >>> Rs.3.7 (Page #66 of RHP)
EPS for FY14-15 >>> Rs.3.8 (Page #66 of RHP)
EPS for FY15-16 >>> Rs.4.0 (Page #66 of RHP)
EPS for 9M16-17 >>> Rs.2.5 (Not Annualized) (Page #66 of RHP)

RoNW for FY13-14 >>> 10.4% (Page #94 of RHP)
RoNW for FY14-15 >>> 10.0% (Page #94 of RHP)
RoNW for FY15-16 >>> 09.6% (Page #94 of RHP)

NAV as on December 30, 2016 was Rs.44.50 (Page #94 of RHP)

Peer Group (Page #95 of RHP): NONE
 

HUDCO IPO
Market Estimates of oversubscription:

Category-wise:

1X QIB = 600.57Crs – assuming applications of 20KCrs. = 33X oversubscription

1X NII = 180.17Crs – assuming applications of 40KCrs. = 222X oversubscription

1X RII = 350,333 Forms – assuming 15L forms. = 4.28X oversubscription (applic-wise)
i.e. average 47 shares per form

Market Lot 200 Shares

Eagleye mam, if issue price is Rs 56 to Rs 60 lot may not be 300 it may be 250.

Market Lot: 200 shares

HUDCO PRICE BAND IS 56-60 and issue opens on MAY8 and close 11

HUDCO IPO

Hudco IPO to open 8th may
Price band Rs. 56 to 60
Lot Size 200 Equity Shares