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Welcome to our analysis of HINDUSTAN CONSTRUCTION COLTD’s public offering. This post provides an overview of the company’s Initial Public Offering (IPO), which runs from 26 Mar 2024 to 05 Apr 2024. HINDUSTAN CONSTRUCTION COLTD, offers shares priced between 21.00 each, with a face value of ₹1.00 per share.
Security Name | HINDUSTAN CONSTRUCTION COLTD |
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Issue Period | 26 Mar 2024 to 05 Apr 2024 |
Abridged Letter | Click here |
Application Forms | Download |
BSE Bid Quantity (ASBA) | 25,60,20,417 As on Apr 5 2024 5:00PM |
Book Running Lead Manager | IDBI Capital Markets & Securities Limited |
Cumulative Bid Quantity (ASBA) | 41,78,02,542 As on Apr 5 2024 5:00PM |
End Date | 05-04-2024 |
Face Value | 1.00 |
Issue Size – No Of Shares | 16,66,66,666 |
Issue Status | Live |
LTP | 39.38 |
Letter Of Offer | Download |
Market Lot | 1 |
Notes | Issue of up to 166,666,666 Rights Equity Shares for cash at a price of Rs 21 per Equity Share for an amount aggregating up to Rs 350 crore on a rights basis to the Eligible Equity Shareholders of our Company in the ratio of 13 Rights Equity Share for every 118 Equity Shares held by the Eligible Equity Shareholders on the Record Date *Assuming full subscription. Subject to finalization of the Basis of Allotment. |
Offer Price () | 21.00 |
Price (Inclusive Of Premium) | 21.00 |
Registrar | LINK INTIME INDIA PRIVATE LIMITED |
Remarks | Notice no:20240321-4 |
Security Type | Equity |
Start Date | 26-03-2024 |
Type Of Issue | RI |
The IPO, employing a book-building process, targets both non-institutional and qualified institutional investors. Bid quantities are capped at shares for non-institutional investors and shares for qualified institutional investors.
Exchange notices detail allocation to anchor investors, and LINK INTIME INDIA PRIVATE LIMITED acts as the registrar. are the sponsor banks.