Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Book Building
₹ 1485
₹ 500
14
₹ 7,000.00
MumbaiNSE
28-Jun-2007
03-Jul-2007
24-Jul-2007
1 Week | -2.05 |
1 Month | -2.55 |
3 Year | -27.92 |
Public issue of 2,97,00,000 equity shares of Rs.10/- each of Housing Development and Infrastructure Limited (HDIL or the company or the issuer) for cash at a price of Rs.500/- per equity share (including a share premium of Rs.490/- per equity share) aggregating to Rs.1485 Crores (the issue). The issue comprises a reservation of up to 6,00,000 equity shares for subscription by eligible employees (as defined herein) (the employee reservation portion) and an issue to the public of 2,91,00,000 equity shares (the net issue). There will also be a green shoe option of up to 44,55,000 equity shares for cash at a price of Rs.[*] per equity share aggregating to Rs.[*] Crores (the green shoe option). The issue and the green shoe option, if exercised in full, will aggregate to 3,41,55,000 equity shares amounting to Rs.[*]. The net issue will constitute 13.86% of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is not exercised and 15.65% assuming that the green shoe option is exercised in full.Issue Price is Rs.500/- per equity share of face value Rs.10/- eachThe floor price is 50 times of the face value
Acquisition of Land & Land Development Rights. Construction of our Ongoing & Planned Projects. General Corporate Purposes.
Housing Development & Infrastructure Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081
Phone - 91-040-44655185/44655000
Fax - 91-040-23420814/23420857
Email - darshan.majmudar@hdil.in
Website - www.hdil.in