Housing and Urban Development Corporation Ltd IPO Message Board (Page 98)

Low risk low return sort of issue. Long term investor should earn CAG around 18 to 20% plus. . Not a very exciting proposition compared with some recent issues which have given bumper listing gains. But then continuation of current market rally should give around 20% listing gains.

HUDCO IPO:

GMP: 30.50-31
KOSTAK: 1250

GAME ONNNNNNN....

Is delta corp and kanpur plastic packs are good share for long term.....

GMP RS 22

GMP 25

GMP 30, only buyers

Gamble sir you have given best and accurate information for hudco
Now no need to ask any one to take any decision
Great work
Provide such information in every ipo

I am applying this IPO fundamental good company even with tepid growth at 56 investor will get 50% return at least

septaji,
sir I did not find your comment on shri ram switch gears ltd sme ipo.
what is your view.

No post from septaji from last few days

HUDCO

MINIMUM LOT ASBA APPLICATION RATE @ AHMEDABAD RS.1100/-

THANKS

Vyaj lakhyu to Bhai premium bhi lakhi deto ....!!!!!
Mafat j che .....kem kanjusai????

@ DOT

I don''t know any premium @ Ahmedabad, So I do not write the premium,

Well I sold 4 Apps @ 1100/- today morning @ that''s why I write 1100 Kostak @ Ahmedabad.

That is the truth only

1050 asba bhav ahmedabad

Hudco 26 -30 premium

hudco
premium : 26.5-27.25
kostak : 1075

zota : sub to 10500

Dear forum members I have one confusion.

In HUDCO, retail investors will get Rs 2 discount per share and for them the effective price will be Rs 58 per share. Now my question is that at what rate I need to place my bid? Rs 58 or Rs 60(cut off)?

Waiting for your response :)

*typo error
Its 200 x 60= 12000

Thanks @Dot

where is eagle eye mam??madam please post your comments and gmp

Much before the price band was declared.
**
21. Ipo tracker Apr 8, 2017 1:34:57 PM IST Reply
Housing and Urban Development Corporation Ltd IPO
HUDCO ipo, even after getting Sebi approval, why unnecessary delay..
Does fm wants price of Rs 60......
**
Worst fear of Rs 60 have come true.

HUDCO IPO:
Red flags:
-      Total loan book of Rs. 36386 with only 30.86% to housing sector, 69% to infrastructure sector. Housing sector is counted as safe as compared to infrastructure in industry. Housing loan book is low.
-      Total 89.93% of loans to Government. It’s hard to get money from Government projects especially infrastructure projects i.e road projects.
-      Housing loan to individual (retail) is less or zero.
-      NPA is high.
-      Company needs to work under Government influence. Company can’t work independently. Company need to work under political pressure.
Green flags:
-      Last three year financial nos. are good but not excellent.
-      Asking price is reasonable – P/E -14 and P/BV – 1.3.
-      Company’s line of business is aligning with Central Government’s main policies like – home for everyone.
-      Central Government’s disinvestment plan is high for year 2017-18. Government will not make any negative impression on investors because many other disinvestments are in pipeline.
Conclusion:
Market condition is favorable. Grey market premium is also good. Housing – infrastructure financing companies are doing good at present. Company is coming with good price band i.e. P/E – 14. Listing gain is possible. But investors will not get benefits like PNB Housing Finance, LIC Housing etc. In a long-term also it will not outperform like HDFC, Bajaj Finance.
It will oversubscribe more than 5 times in retail section. It is advisable to apply one (minimum) lot per application.
Disclosure – I am applying.

Very informative article.....Anyway I am not applying in Hudco IPO....If it list at 10 to 15 percent premium than I will be very happy for you all....

Dear Members, what should be our strategy? Apply through more number of accounts with single lot or apply more no of lots through less demat accounts? Please suggest

Kindly share HUDCO IPO Form Link. Regards.

GMP 25 -30 BUYERS

I know gmp can vary from center to center & no official source ( demand-supply rule )
However,i would like to say that it cant be difference of 5 rs between buying & selling price...its about 20% difference

Buying -selling rate cannt have such huge hap

Hudco will give around 30% return to ipo retail investor. Wish all the best to lucky persons who will get allotment.