Housing Development & Infrastructure Ltd IPO

Closed

Subscription Details

  • Open Date 28 Jun
  • Close Date 03 Jul
  • Lot Size 14
  • IPO Size ₹ 1485 Cr
  • IPO Price Range ₹ 500
  • Min Investment ₹ 7000

Housing Development & Infrastructure Ltd IPO Timeline

Open Date
28 Jun
Close Date
03 Jul
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 2,97,00,000 equity shares of Rs.10/- each of Housing Development and Infrastructure Limited (HDIL or the company or the issuer) for cash at a price of Rs.500/- per equity share (including a share premium of Rs.490/- per equity share) aggregating to Rs.1485 Crores (the issue). The issue comprises a reservation of up to 6,00,000 equity shares for subscription by eligible employees (as defined herein) (the employee reservation portion) and an issue to the public of 2,91,00,000 equity shares (the net issue). There will also be a green shoe option of up to 44,55,000 equity shares for cash at a price of Rs.[*] per equity share aggregating to Rs.[*] Crores (the green shoe option). The issue and the green shoe option, if exercised in full, will aggregate to 3,41,55,000 equity shares amounting to Rs.[*]. The net issue will constitute 13.86% of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is not exercised and 15.65% assuming that the green shoe option is exercised in full. Issue Price is Rs.500/- per equity share of face value Rs.10/- each The floor price is 50 times of the face value

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Housing Development & Infrastructure Ltd IPO

Contact Information

Address

9-01 HDIL Towers,
Anant Kanekar Marg Bandra (E),
Mumbai, Maharashtra 400051

Open Demat Account