State owned Housing and Urban Development Corporation or HUDCO launched their Rs 1,200 crore initial public offering (IPO) on May 8, 2017. As of this morning, the IPO has been subscribed a total of 0.63 times with over-subscription coming in from the retail end.
In an interview to CNBC-TV18, Ravi Kanth Medithi, CMD and Rakesh Kumar Arora, Director-Finance at HUDCO spoke about the IPO and the latest happenings in the company.
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Pradhan Mantri Awas Yojana will drive disbursements ahead: HUDCO
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