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Open
28 Jun to 3 Jul, 2007
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Close
28 Jun to 3 Jul, 2007
3
Allotment
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Listing
Tue, Jul 24, 2007
Price Band
₹430 to ₹500
Issue Size
3,41,55,000 shares (agg. up to ₹1,708 Cr)
Lot Size
14 Shares
Listing Date
Tue, Jul 24, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.58x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| DLF Ltd. | Mainboard | ₹9,187.50 Cr | ₹525 | null | ₹569.80 | +8.53% | ₹667.80 (+3.22%) |
| Akruti Nirman Ltd. | Mainboard | ₹361.80 Cr | ₹540 | null | ₹563.45 | +4.34% | ₹202.02 (+0.37%) |
| Sobha Developers Ltd. | Mainboard | ₹569.40 Cr | ₹640 | null | ₹926.65 | +44.79% | ₹1,462.00 (-2.04%) |
| Parsvnath Developers Ltd. | Mainboard | ₹1,089.77 Cr | ₹300 | null | ₹526.40 | +75.47% | ₹2.14 (-1.84%) |
| Gwalior Chemical Industries Ltd. | Mainboard | ₹80.00 Cr | ₹81 | null | ₹93.85 | +15.86% | ₹342.30 (-4.97%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of land and land development rights for our Ongoing and Planned projects | 582.50 |
| 2 | Construction of our Ongoing projects | 1,501.30 |
| 3 | General corporate purposes | 67.90 |
About HDIL IPO
Incorporated in 1996, Housing Development and Infrastructure Ltd (HDIL) is a a real estate development company based in Mumbai. HDIL is part of the Wadhawan Group (formerly known as the Dheeraj Group) and operates in Mumbai Metropolitan Region.HDIL Real Estate Development business includes construction and development of residential projects, commercial and retail projects, Slum Rehabilitation and Development.HDIL has Large Land Reserves in the Mumbai Metropolitan Region. As of December 31, 2006, they had approximately 112.4 million square feet of Land Reserves.To expend its business by location HDIL is looking for projects in other locations, including Kochi and Hyderabad. HDIL is planning to enter into hotel projects, special economic zone developments and “mega-structure” complexes, which are large-scale mixed-use retail, commercial and residential developments.+ Read More
Contact Details
Housing Development & Infrastructure Ltd. Address9-01, Dheeraj ArmaAnant Kanekar MargBandra (East)Mumbai, Maharashtra, 400051(91 22) 2658 3500compliance.officer@hdil.inVisit Website