HDIL IPO price fixed at Rs 500

Mumbai, Jul 6 (UNI) Housing Development and Infrastructure Limited (HDIL) has fixed the price of its Indial Public Offer (IPO) at Rs 500, the upper end of the price band.

The company, which went public recently, offered 2.9 crore equity shares at a price band of Rs 430-500 and the issue was subscribed by 6.6 times, a company release said here today.

UNI