HUDCO IPO: Allotment, Basis of Allotment, Listing Date And Other Details

The initial public offer (IPO) of Housing and Urban Development Corp Ltd (HUDCO), which ended on Thursday, got an overwhelming response from the investors with nearly 80 times subscription. As against the 20.40 crore shares on offer, bids were received for 1,623 crore shares. The category reserved for qualified institutional buyers (QIBs) was oversubscribed 55.45 times and non-institutional investors a huge 330.36 times. Retail inves...