We at Jainam Wealth recommend our investors to "SUBSCRIBE" to the Housing And Urban Development Corporation Ltd. IPO considering wholly-owned Government company with more than 46 years of experience, key role in various government schemes to develop Indian housing & urban infrastructure sectors, lower cost funding, ability to significantly increases its borrowing, pan India presence, robust financial and profitable since inception. Company available at P/E of 15x on FY16 EPS and 1.42x P/BV on upper price band.
Price Band Rs.60 - 56 (Price Discount of Rs. 2/- is available for retail category). Issue open on 8th May and close to 11th May. Market Lot 200 Shares.
Jainam Research was incorporated in 2003 with the vision to be the most preferred organization providing all financial services across the country. The foundation is on "Value" Systems - "Value" addition to Corporate, Retails and HNI Individuals through superior Wealth Creation Practices.
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