Free Account Opening + AMC Free Demat
Loading...

Housing Development and Infrastructure Ltd IPO (HDIL IPO) Detail

June 28, 2007 - July 3, 2007

HDIL IPO is a book built issue of Rs 1,485.00 crores.

HDIL IPO bidding started from June 28, 2007 and ended on July 3, 2007. The shares got listed on BSE, NSE on July 24, 2007.

HDIL IPO price band is set at ₹430 to ₹500 per share. The minimum lot size for an application is 14 Shares. The minimum amount of investment required by retail investors is ₹7,000.

Kotak Mahindra Capital Company Limited, Axis Capital Limited and ICICI Securities Limited are the book running lead managers of the HDIL IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to HDIL IPO RHP for detailed information.

HDIL IPO Details

IPO Date June 28, 2007 to July 3, 2007
Listing Date July 24, 2007
Face Value ₹10 per share
Price Band ₹430 to ₹500 per share
Lot Size 14 Shares
Total Issue Size29,700,000 shares
(aggregating up to ₹1,485.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue180,300,000
Share holding post issue210,000,000

HDIL IPO Lot Size

Investors can bid for a minimum of 14 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 14 ₹7,000
Retail (Max) 28 392 ₹196,000
Lot Size Calculator

HDIL IPO Promoter Holding

Share Holding Pre Issue 43.63%
Share Holding Post Issue 36.68%

About Housing Development and Infrastructure Ltd

Incorporated in 1996, Housing Development and Infrastructure Ltd (HDIL) is a a real estate development company based in Mumbai. HDIL is part of the Wadhawan Group (formerly known as the Dheeraj Group) and operates in Mumbai Metropolitan Region.

HDIL Real Estate Development business includes construction and development of residential projects, commercial and retail projects, Slum Rehabilitation and Development.

HDIL has Large Land Reserves in the Mumbai Metropolitan Region. As of December 31, 2006, they had approximately 112.4 million square feet of Land Reserves.

To expend its business by location HDIL is looking for projects in other locations, including Kochi and Hyderabad. HDIL is planning to enter into hotel projects, special economic zone developments and “mega-structure” complexes, which are large-scale mixed-use retail, commercial and residential developments.

Key Performance Indicator

KPI Values
RoNW74.86%

Objects of the Issue (HDIL IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to
1. Acquisition of land and land development rights for our Ongoing and Planned projects;
2. Construction of our Ongoing and Planned projects.


HDIL IPO Subscription Status (Bidding Detail)

The HDIL IPO is subscribed 6.60 times on July 3, 2007 5:00:00 PM. The public issue subscribed 1.59 times in the retail category, 10.13 times in the QIB category, and 1.78 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

HDIL IPO Prospectus

HDIL IPO Rating

151
3.9
Rating:Rated 3.9 stars
Vote Here ...

HDIL IPO Listing Details

Listing Date July 24, 2007
BSE Script Code 532873
NSE Symbol HDIL
ISIN INE191I01012
Final Issue Price ₹500 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹500.00
₹567.50
₹473.50
₹617.50
₹558.60
NSE
₹500.00
₹538.60
₹535.00
₹575.95
₹559.35

Check IPO Performance…

Housing Development and Infrastructure Ltd Contact Details

Housing Development and Infrastructure Ltd
9-01, Dheeraj Arma,
Anant Kanekar Marg,
Bandra (East), Mumbai 400 051, Maharashtra, India
Phone: (91 22) 2658 3500
Email: compliance.officer@hdil.in
Website: http://www.hdil.in/

HDIL IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einwards.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

HDIL IPO FAQs

HDIL IPO is a main-board IPO of 29,700,000 equity shares of the face value of ₹10 aggregating up to ₹1,485.00 Crores. The issue is priced at ₹430 to ₹500 per share. The minimum order quantity is 14 Shares.

The IPO opens on June 28, 2007, and closes on July 3, 2007.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The HDIL IPO opens on June 28, 2007 and closes on July 3, 2007.

HDIL IPO lot size is 14 Shares, and the minimum amount required is ₹7,000.

You can apply in HDIL IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for HDIL IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the HDIL IPO allotment status.

The HDIL IPO listing date is on July 24, 2007.
Open an Instant Account with Zerodha

HDIL IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

285 Comments

285. Guru |   Link |  Bookmark |August 14, 2007 12:58:33 AM
Hold or Sell -- HDIL/DLF/Omaxe ??
284. rajat |   Link |  Bookmark |August 8, 2007 9:12:16 PM
hi all..
it's just market which is playing with HDIL..
anyhow we will not be in loss..
am still holding HDIL..with DLF also...
i say...we should wait...
283. Ashish Jain |   Link |  Bookmark |August 6, 2007 2:32:47 PM
Ohh, HDIL is now at 496, what to do now? Can anybody explain
282. Prave |   Link |  Bookmark |August 1, 2007 4:57:11 PM
Market is going down like anything today only stock came to 512 .So now it will all depend on market mood,so better hold on if market will bounce back it will also,there is no problem with this stock,problem is with market,so be patient and wait for right time...if u would have purchase on higher price thaen try to average it.
281. Achu |   Link |  Bookmark |August 1, 2007 2:54:48 PM
Thanks Parve for the msg,
What do you suggest, should we hold??
280. Prave |   Link |  Bookmark |August 1, 2007 11:21:02 AM
on 30th July ,company has put the result, Profit was not much as compared to DLF.Second factor due to credit policy announced yesterday no change in interest rate, so Real estate business due to high interest rate people are not buying house so this sector is not having up trend.
279. Achu |   Link |  Bookmark |August 1, 2007 10:48:24 AM
Hello Friends,
Can somebody comment on why we are having so much fluctuations on this stock...
Thanks in advance
278. jp chd |   Link |  Bookmark |July 29, 2007 12:05:47 AM
Market will down some hundred pts on monday. Is it wise to hold HDIL ? Pl comment.
277. test |   Link |  Bookmark |July 27, 2007 5:45:29 AM
I have not yet received my refund for HDIL, any info as to whom to contact?
276. REKHA |   Link |  Bookmark |July 26, 2007 11:58:27 PM
Hi All,
I had on 7th july posted a msg numbered 65 which is reproduced here.ENJOY

7/6/2007 3:53:01 AM EST (GMT -05:00)
Hi All.
Congratulations for all applicants who dared to apply.Almost full allotment for everybody.DLF listing has been positive.HDIL is a genuine company with activities in all segments staring from slum rehab,retail/mall,commercial/office,residential and also preparing land suitable for development by other builders and selling the land off.The margin of profit is also in the same decreasing order.Max profits from slum rehab and HDIL are very strong and nor 1 in Mumbai.Unlike other real estate companies,HDIL issue proceeds are utilised for construction on their own land bank.Not to aquire land at high price.Assured profits from constructing on our own land and selling.Irrespective of interest rate hike ripple effect on real estate pricing, Mumbai market will be the last to react.There is so much demand there from all sectors.By then with inflation easing, bank rates getting reduced is not far off.Result demand pick up in the sector too.REIT ie real estate investment trust and mutual fund schemes targeting real estate sector are not very off.And where will they invest??Definitely in big companies like DLF,Unitech,Sobha,HDIL,Godrej,Purvankara,etc.

The bottom line is hold on to your full allotment with conviction.Do not panic by small intra day swings.Your holding will certainly show very good results.Don't go for peanut listing gains.It is up to you now.Your money,your brains.
All the best.
275. Sagar |   Link |  Bookmark |July 25, 2007 10:07:18 PM
Best way to hold DLF is by having a permanent position in F&O. You can also sell a higher call for it and pocket the call option premium.Kotak insiders are saying DLF will be
Rs.750/- sometime during the course of this year.You can sell the delivery holding and release the money for applying in some other issue.The short term worst case for DLF would be around rs.600/-.
274. ankit |   Link |  Bookmark |July 25, 2007 7:25:04 PM
hello sheetal where did u vanshied look at hdil
273. Legion |   Link |  Bookmark |July 25, 2007 8:28:56 AM
even i did not receive the refund yet

whom should i contact for the refund
272. smart buy |   Link |  Bookmark |July 24, 2007 10:51:24 PM
sell hdil @ current boom & buy pstl@300 target 1000 1year
271. Kanhaiya |   Link |  Bookmark |July 24, 2007 7:11:53 PM
I have received the refund order by post. They are not using ECS system
270. sk |   Link |  Bookmark |July 24, 2007 2:27:43 PM
Guys
No return from icicidirect till date...where to contact for refund??
269. Rajat |   Link |  Bookmark |July 24, 2007 1:53:43 PM
yeah vishal..
u are rite..
so in this case..
probably selling now would be a foolishness...
as my perception says..we need to know first DLF/OMAXE/HDIL which one takes the lead..am thinking to hold DLF for the time being...till OMAXE comes to the market..
let us take the full listing gain of DLF..but may be a bit risky..if it comes back...(HOWEVER CHANCES ARE LESS..but it is real state)...we are never sure about it...
what u say in this ???
268. VISHAL |   Link |  Bookmark |July 24, 2007 1:35:39 PM
yes you r right, but same thing will happed to hdil when omaxe will going to list, nw tell me am i right?
267. Rajat |   Link |  Bookmark |July 24, 2007 12:28:55 PM
I feel..
due to HDIL there is a pull back in DLF...
i mean just a sharing of resources(INVESTERS IN THE MARKET FOR INTRADAY) between them...
am i rite guys..??
or some other NEWS is there in the market ??
What u say guys..
266. VISHAL |   Link |  Bookmark |July 24, 2007 12:17:29 PM
I SOLD JST BECAUSE I NEED MONEY FOR PERSONAL USAGE, I AM BIT UNLUCKY BUT INVERSTOR HOLD, IT WIL GO 650-700 BEFORE SEPTEMBER QUARTER RESULT, HAPPY INVESTING