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26 October, 2020 10:48 IST
Housing and Urban Infra Finance IPO lists at 22% premium
Source: IRIS | 19 May, 2017, 12.17PM
Rating: NAN / 5 stars.
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Housing and Urban Infrastructure Finance (HUDCO) got listed on the stock markets on Friday with a premium of 21.67% over its issue price. At the NSE, stock opened at Rs 73 a share as against issue price of Rs 60 a share.

Currently, shares are trading at Rs 75.40, up 25.67% from its issue price. It recorded a high of Rs 77.85 and a low of Rs 71.00 at the NSE (10:55 am).

HUDCO is a wholly owned Government company with focus on Housing and Urban Infrastructure Finance in India. The Government is divesting its 10% stake in the company as part of its disinvestment programs.

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