HDIL (Housing Development and Infrastructure Ltd) was once a large Mumbai real-estate developer. Today the search for an HDIL “share price target” runs into a basic problem: the company has been in insolvency for years.
Quick answer
- Insolvency: the NCLT Mumbai bench admitted HDIL into CIRP on 20 August 2019, on an application by Bank of India.
- Management: the board’s powers vest in the resolution professional (Abhay Narayan Manudhane in a 2024 filing).
- Listing: the most recent filing we found (August 2024) shows it was still listed (BSE 532873, NSE HDIL).
- Resolution or delisting: we found no 2026 information on a resolution plan or delisting.
Verify before you rely on this page: our search returned mostly 2019 coverage and one 2024 filing. For the latest status, check NSE/BSE announcements for HDIL and the NCLT Mumbai records.
Why a share price target does not make sense
A target assumes a business that earns money and keeps going. In insolvency, assets are used to repay creditors first. Shareholders are paid last, and often receive little or nothing. Any exact target for HDIL would be a guess without a base.
What shareholders can check
- Exchange notices for HDIL (BSE 532873) for any resolution plan, liquidation or delisting notice.
- NCLT Mumbai orders and the IBBI corporate process page.
- Your own holding statement and contract notes, which may matter for a tax adviser if a loss is claimed.
What to track every quarter
- Notices on the NSE and BSE announcement pages.
- Orders of the NCLT, SEBI or other regulators, where relevant.
- The company’s latest filings and the auditor’s remarks.
- Any statement from the resolution professional or the company.
Key terms in simple words
| Term | Meaning |
|---|---|
| EBITDA | Profit from operations before interest, tax and depreciation. |
| PAT | Profit after tax, the profit left for owners. |
| 52-week range | The lowest and highest price in the last year. |
| Compounding | Growth on growth: each year’s gain is added to the base for the next year. |
How we prepared this article
We collect numbers from company results, exchange filings where available and public news and price pages, and we note the date of each price. Where sources disagree, we say so instead of picking one quietly. Scenario tables use a simple formula and are examples, not predictions. We do not take payment to publish targets. Found a mistake? Tell us and we will correct it.
Frequently asked questions
What is the HDIL share price target for 2025?
None applies. The company has been in insolvency since 2019.
Is HDIL delisted?
We found no delisting notice. The latest filing we found showed it as listed in 2024. Please check the exchange.
Will HDIL shareholders get anything?
We cannot say. It depends on any approved resolution plan and what the plan provides for equity.
How often is this article updated?
We review it after each quarterly result and when major company news arrives. The review date is shown at the bottom of the page.
Where can I check the live share price?
On the NSE and BSE websites or in your broker’s app. Prices on this page carry a date and may be delayed.
Are the scenarios an analyst target?
No. They are simple examples built from one formula and different growth rates. Real prices can be far above or below them.
Conclusion
HDIL is a case study in how an insolvency process can run for years. Use official notices, not targets.
Related reading: Future Consumer share price target, Reliance Home Finance share price target.
Watch: a related video
Video by NDTV Profit: PMC Bank Crisis: HDIL’s Insolvency, Should the Resolution Professional Intervene?. This is a third-party news video from an earlier date, shown for learning only. Check the latest NCLT and exchange notices. It is not investment or legal advice.
Sources
- Business Standard: HDIL slumps on facing IBC proceedings (2019)
- BloombergQuint: HDIL shares and insolvency
- BSE filing (August 2024)
Information as of the sources listed (latest filing found: August 2024). Last reviewed 13 October 2026.
Disclaimer: This article is for education only. Share prices and forecasts can change, and past performance does not guarantee future results. It is not personal investment advice, and SharePriceHub is not a SEBI-registered adviser. Please check current information on official sources and speak to a qualified financial adviser before you invest. Read the full disclaimer.
