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HUDCO IPO - 5 Key Facts you should know about HUDCO

1. Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company in business of providing loans for housing and urban infrastructure since 46 years

2. The company is conferred the status of "Miniratna" by the Government

3. Company's Promoter is the President of India, acting through the Ministries

4. Company has earned a profit margin averaging to around 22 percent in last 5 years
5. Shares are likely to be offered in a price band of Rs. 48 to Rs. 50 per equity share. As compared to this, the company has managed a EPS of around Rs.3.8 in the last 3 years which translates roughly to a PE of 13x (There are no listed peers to compare the same. Hence needs to be judged individually)

This post first appeared on Indian IPO, please read the originial post: here

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HUDCO IPO - 5 Key Facts you should know about HUDCO


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