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Housing & Urban Development Corporation Ltd
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Registered Office:
HUDCO Bhavan Core 7-A,India Habitat Centre Lodhi Rd
,
New Delhi
-
110003
,
New Delhi
, India.
Phone :
91-11-24649610-27 Fax:91-11-24648427
Email : cswhudco@hudco.org
Website : www.hudco.org
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Initial public offering of 204,058,747 equity shares of face value of Rs10 each ("Equity Shares") of Housing and Urban Development Corporation Limited (The "Company" or The "Issuer") through an offer for sale by The President of India, acting through The Ministry of Housing and Urban Poverty Alleviation, Government of India (The "Selling Shareholder"), for cash at a price of Rs60 per equity share (The "offer price"), aggregating to Rs1209.78 crores (The "offer"). The offer comprises a net offer of 200,190,000 equity shares and an employee reservation portion of up to 3,868,747 equity shares. The offer and the net offer shall constitute 10.19% and 10% respectively, of the post-offer paid-up equity share capital of the company.
The offer price: Rs60 per equity share of face value of Rs10 each.
The offer price is 6 times of the face value.
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Opens On
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Closes On
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Application
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Allotment
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08-May-17
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11-May-17
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Rs 60.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :200 Further
Multiples of :200
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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16.20
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Project Financed through Current Offer
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1209.78
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Post Issue Equity Share Capital
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2001.90
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Issue Price
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Rs 60.00
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