Is it good to invest in hudco?

As on 17th Dec 2021 HUDCO Share Price closed @ 39.65 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 45.44 & Strong Sell for SHORT-TERM with Stoploss of 42.71 we also expect STOCK to react on Following IMPORTANT LEVELS.

What was IPO price of HUDCO?

HUDCO IPO Details

IPO Opening Date	May 8, 2017
Face Value	₹10 per equity share
IPO Price	₹56 to ₹60 per equity share
Market Lot	200 Shares
Min Order Quantity	200 Shares

Who owns hudco?

Government of India
Ministry of Housing and Urban Affairs
Housing and Urban Development Corporation/Parent organizations

Is hudco NBFC?

Considering the HUDCO’s existing business model and future growth prospects, the Tier-I Committee constituted by HUDCO, has recommended HUDCO to register as NBFC-IFC with RBI. The same is under process. HUDCO is a Mini Ratna, Schedule – ‘A’ PSU.

Is HUDCO a housing finance company?

Incorporated as the Housing and Urban Development Finance Corporation, in April 1970, the New Delhi-headquartered HUDCO is notified as a public financial institution.

Who owns HUDCO?

Is HUDCO a private company?

HUDCO was incorporated as ‘The Housing and Urban Development Finance Corporation Private Limited’ on April 25 1970 as a private limited company under the Companies Act 1956 and was granted a certificate of incorporation by the then Registrar of Companies Delhi.

How do I apply for HUDCO?

Click on the “Public Deposit” button and select the “Application Form” option. Once you choose “Application form”, you will be redirected to a new page with two options – Application Form: HUDCO Public Deposit Scheme and Application form for deposit Under Section 80C – HUDCO Public Deposit Scheme.

Is HUDCO a NBFC?

How do I invest in hudco bonds?

You can buy them in a similar way as you buy shares. For example, if you are buying online yourself, you can buy Hudco Tax free bonds, by simply typing HUDCO and the dropdown box would show the various tax free bonds from HUDCO. Alternatively, you can ask your broker to buy the same for you.

What are hudco bonds?

HUDCO Ltd. Tax Free Bonds

Listing	BSE
Tenure	15 years
Frequency of Interest Payment	Annual
Minimum Amount	5 Bonds (Rs. 5,000) (individually or collectively, across all Series of Bonds) and in the multiple of One Bond (Rs. 1,000) thereafter.
Coupon (P.a.)	Retail Individuals	7.69\%

What is the allotment date of HUDCO IPO 2017?

The finalization of Basis of Allotment for HUDCO IPO will be done on May 17, 2017, and the allotted shares will be credited to your demat account by May 18, 2017. Check the HUDCO IPO allotment status.

What is the issue price of hudhudco IPO?

HUDCO IPO is a main-board initial public offering of 204,058,747 equity shares of the face value of ₹10 aggregating up to ₹1,224.35 Crores. The issue price of the IPO is ₹56 to ₹60 Per Equity Share. The minimum order quantity is 200 Shares per application and the offer type is Book Built Issue.

What does HUDCO do?

Incorporated in 1970, Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India.

Who is responsible for the allotment of IPO shares?

Registrar of the issue- Alankit Assignments Ltd- is responsible for the allotment of IPO shares and refund process. The allotment process usually takes two weeks from the date of closing of the issue. Although the basis of allotment is net yet finalized, it may be out by May 17.

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