Hudco seals 80x subscribed Rp12bn IPO

Jonathan Breen

May 12, 2017 10:15 am

construction 230-150x — A new building is being constructed with use of tower crane | ILKER CELIK/ilkercelik - Fotolia

Indian state-owned Housing and Urban Development Corp has wrapped up a Rp12bn ($186.6m) IPO nearly 80x covered, following a deluge of investor demand on the final day of bookbuilding.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Nomura Equity IPOs Equity India Asia ICICI South Asia Asia Pacific Emerging Markets State Bank of India SBI

JB

Jonathan Breen

Equities editor GlobalCapital Asia