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NSE includes HDIL in derivatives segment
Monday, July 23, 2007
NSE has added Housing Development and Infrastructure (HDIL) to futures & options segment with effect from Tuesday, 24 July 2007, the same day when the stock debuts in the bourses. NSE has set the lot size of HDIL in derivatives at 400.
HDIL had fixed the IPO price at Rs 500, the upper end of the Rs 430 - 500 price band.
The IPO of Housing Development and Infrastructure received a good investor response. The IPO was subscribed 6.6 times. The issue closed on 3 July 2007.
Housing Development and Infrastructure is a real estate development company with significant operations in the Mumbai metropolitan region.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
