Housing & Urban Development Corporation Ltd - IPO

Housing & Urban Development Corporation Ltd IPO Details

Initial public offering of 204,058,747 equity shares of face value of Rs. 10 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 Rs. 60 per equity share (The offer price), aggregating to Rs. 1209.78 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: Rs.60 per equity share of face value of Rs.10 each.The offer price is 6 times of the face value.

Objective of issue

Listing fees on Stock exchanges.

Housing & Urban Development Corporation Ltd Contact Details

Housing & Urban Development Corporation Ltd, 205/208, Anarkali Market, Jhandewalan Extn, New Delhi - 110055

Phone - 91-011-42541965/42541953

Fax - 91-011-41540064

Email - cswhudco@hudco.org

Website - www.hudco.org