HUDCO is entering in the capital market with an initial public offering of 204,058,747 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 56 at lower level and Rs 60 at upper level. Discount of Rs 2.00 is available for Retail investors and employees of the Company. HUDCO is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India. The issue opens on May 8, 2017 and closes for subscription on May 11, 2017. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).