Housing and Urban Development Corp files draft prospectus for IPO
Government-owned Housing and Urban Development Corp (HUDCO) on Tuesday filed a draft red herring prospectus (DRHP) with the Securities Exchange and Board of India (Sebi) to launch its initial public offering (IPO).
Government plans to dilute 10% stake in the HUDCO. The DRHP said that 20.02 crore equity shares will be offered in the IPO. Photo: Official Website