Bonaz Capital | HUDCO IPO Subscribed By 52%



http://www.bonazcapital.com/stock-option/

All Eyes Are On The Housing And Urban Development Corporation (HUDCO) IPO. HUDCO Is A Government Owned Company And It Disburses Loans For The Housing And Development Projects In The Country. The IPO Has Issue Size Of 20,40,58,747 Shares. Bonaz Capital
As Per The Data Available With The National Stock Exchange (NSE), As Of 1545 Hours, The Total Bids Received By The HUDCO IPO Stands At 10,61,52,200. The Total Bids Received At Cut Off Prices Stands At 7,11,48,600. The Data Shows That The Issue Got Subscribed By 52%. Bonaz Capital Facebook
The IPO Is Following The Book-Building Process Wherein The Price Band Is Pegged At Rs 56 To Rs 60 Per Equity Share.
The Government Intends To Sell 20,40,58,747 Shares To Raise Rs 1224 Cr Of Funds From The Capital Markets. The Investors Need To Apply For The Minimum Of One Market Lot Which Consists Of 200 Shares.
As Per The Data Available With The National Stock Exchange (NSE), The 10,00,95,000 Shares (49%) Are Offered To Qualified Institutional Buyers, 3,00,28,500 Shares (15%) Are Offered To Non-Institutional Buyers, 7,00,66,500 (34%) Shares Are Offered To Retail Institutional Investors And 38,68,747 Shares (2%) To The Employees Of The Company.
Location: India

Comments

Post a Comment

Popular posts from this blog

What is a 'Buyer Market' | Bonaz Capital

What is a 'Buyer Market' A buyer market is a money related market of a gathering of securities in which costs are rising or are required to rise. The expression "positively trending business sector" is regularly used to allude to money markets however can be connected to anything that is exchanged, for example, securities, monetary forms and products. Bonaz Capital Separating 'Positively trending Market' Positively trending markets are described by hopefulness, financial specialist certainty and desires that solid outcomes ought to proceed. It is hard to anticipate reliably when the patterns in the market may change. Some portion of the trouble is that mental impacts and hypothesis may some of the time assume a vast part in the business sectors. Ina000003197 Bull versus Bear Markets The inverse of a positively trending business sector is a bear market, which is described by falling costs and ordinarily covered in cynicism. The utilization of &q
Read more

What is the 'Product Market' | ina00000397 | bonaz capital

Image
An item market is a physical or virtual commercial center for purchasing, offering and exchanging crude or essential items, and there are as of now around 50 noteworthy ware markets worldwide that encourage venture exchange roughly 100 essential wares. Products are part into two sorts: hard and delicate wares. Hard items are commonly normal assets that must be mined or separated, (for example, gold, elastic and oil), though delicate wares are rural items or animals, (for example, corn, wheat, espresso, sugar, soybeans and pork). Separating 'Product Market' There are various approaches to put resources into products. A financial specialist can buy stock in organizations whose business depends on items costs, or buy common assets, list subsidizes or trade exchanged assets (ETFs) that have an emphasis on products related organizations. The most direct method for putting resources into products is by becoming tied up with a fates contract. A prospects contract commits the holde
Read more