Housing and Urban Development Corporation IPO
Housing and Urban Development Corporation Limited (HUDCO) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 19 May 2017.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 10,00,95,000 | 5,55,03,74,000 | 55.5x | |
| NII (HNI) total | 3,00,28,500 | 9,92,02,32,400 | 330x | |
| Retail | 7,00,66,500 | 75,58,96,600 | 10.8x | |
| Employees | 38,68,747 | 28,60,600 | 0.74x | |
| Total | 20,40,58,747 | 16,22,93,63,600 | 79.5x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.
After listing
| Time after listing | vs issue price ₹60.0 |
|---|---|
| 1 week | +21.6% |
| 1 month | +13.2% |
| 3 months | +33.6% |
| 6 months | +36.7% |
| 1 year | +36.8% |
NSE closing prices, adjusted for later splits and bonuses. How IPOs do after listing, in general.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Housing and Urban Development Corporation's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
| RBL BankAug 2016 | 85.1x | 198x | 5.70x | 69.6x | ₹1,219 Cr | +21.9% | +35.8% |
| S Chand and CompanyApr 2017 | 44.3x | 205x | 6.07x | 59.5x | ₹737 Cr | +4.5% | +4.5% |
| BSEJan 2017 | 48.6x | 159x | 6.48x | 51.2x | ₹1,243 Cr | +34.6% | +48.9% |
| Avenue SupermartsMar 2017 | 145x | 278x | 7.51x | 105x | ₹1,895 Cr | +100.7% | +117.0% |
| Advanced Enzyme TechnologiesJul 2016 | 94.0x | 393x | 11.7x | 116x | ₹413 Cr | +35.0% | +38.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| IDBI Capital Markets & Securities | 7 | +19.1% | 43% |
| ICICI Securities | 109 | +21.3% | 69% |
| Nomura Financial Advisory and Securities (India) | 27 | +16.0% | 56% |
| SBI Capital Markets | 56 | +16.7% | 61% |
Offer documents (NSE)
Frequently asked
What is the Housing and Urban Development Corporation IPO price band and lot size? ₹56.0–60.0 per share, with a lot of 200 shares, so the smallest retail bid is ₹12,000.
How many times has it been subscribed? 79.5x overall: QIB 55.5x, NII 330x, retail 10.8x, employees 0.74x.
How did it list? It opened at ₹73.0, +21.7% against the issue price of ₹60.0, and closed its first day +20.9%.
