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HUDCO OFS
Retail investors can give Hudco OFS a miss: AnalystsThe two-day Offer for Sale (OFS) opened for subscription for non-retail investors on October 18 and was subscribed 2.1 times. Retail invest...19 Oct, 2023, 05.33 AM IST- HUDCO shares tank over 9% after govt launches OFS to sell up to 7% stakeUnder the OFS, the government will offload seven crore equity shares, representing about 3.5% of equity with an oversubscription option of ...18 Oct, 2023, 11.37 AM IST
- Govt to sell up to 7% stake in HUDCO via OFS; floor price fixed at Rs 79/shareThe offer price is at a 12% discount to the current market price. Under the OFS, the government will offload 7 crore equity shares, represe...17 Oct, 2023, 06.23 PM IST
- SC clears McD's settlement with Indian partner Vikram BakshiSc rejects HUCDO's appeal. Hudco is claiming around Rs 140 crore loan dues from Bakshi and his related entities including Ascot Hotels and ...21 Jan, 2023, 12.42 AM IST
- NCLAT allows settlement between McDonald's and former partner Vikram BakshiThe National Company Law Appellate Tribunal (NCLAT) on Tuesday allowed US food major McDonald's and its former estranged Indian partner Vik...13 Dec, 2022, 03.56 PM IST
- Retail buyers can skip Hudco OFS: AnalystsThe government is selling up to 8% stake or 16.02 crore shares in the company through an Offer For Sale (OFS). The offer, which invited bid...28 Jul, 2021, 06.42 AM IST
- Institutional buyers put in Rs 870 cr of bids for HUDCO share saleInstitutional investors put in bids for over 19.40 crore shares against the base issue size of more than 9.90 crore shares.28 Jul, 2021, 12.23 AM IST
- Govt targets Rs 720 crore from 8% in HUDCOThe government, HUDCO’s main promoter, has mandated merchant bankers to sell up to16 crore shares at a floor (minimum) price of Rs 45 per s...27 Jul, 2021, 09.06 AM IST
- Govt's stake sale in HUDCO opens on Tuesday, floor price at Rs 45 a shareThe government is selling over 5 per cent stake or over 11.01 crore shares, with an option to retain over-subscription of 2.5 per cent or o...27 Jul, 2021, 12.34 AM IST
- McDonald's case: NCLAT gives Vikram Bakshi 'last chance' to settle matter with HUDCOHowever, the move was contested by the Housing and Urban Development Corporation (HUDCO).22 Aug, 2019, 07.33 PM IST
- NCLAT directs Vikram Bakshi to file affidavit on amount received from McDonald's for his shares"On the basis of the affidavit, we may decide, whether to allow the agreement and others with MIPL," said NCLAT.10 Jul, 2019, 07.05 PM IST
- DRT asks Vikram Bakshi, McDonald's India to appear before itEarlier this month, fast food chain McDonald's reached an out-of-court settlement with Bakshi, buying out Connaught Plaza Restaurants Pvt L...19 May, 2019, 04.01 PM IST
- HUDCO approaches NCLAT to recover dues from Vikram BakshiThe NCLAT is expected to pass on order on May 15 over the out-of-court settlement between Bakshi and McDonald's.13 May, 2019, 10.15 PM IST
- Government plans HUDCO, NBCC, NTPC share sale; may raise Rs 5,900 croreThe Cabinet had already approved 10 per cent stake sale in power producer NTPC.26 Jul, 2018, 03.35 PM IST
- HUDCO IPO subscribed 3 times on Day 2; sees bumper retail demandThe offer received bids for 61,39,95,600 shares against the total issue size of 20,40,58,747 shares09 May, 2017, 05.50 PM IST
- State-run Hudco gets Sebi approval to float IPOThe initial public offer will comprise sale of 200,190,000 equity shares --10 per cent stake -- by the central government through an offer ...22 Mar, 2017, 12.59 PM IST
- Hudco files draft papers with Sebi for IPOThe initial public offer will see sale of 200,190,000 equity shares --10 per cent stake -- by the central government through an offer for s...03 Jan, 2017, 02.13 PM IST
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