Hindustan Construction Company Limited Right Issue

₹350.00 Cr BSE, NSE 26 Mar 2024 – 5 Apr 2024

Closed Ratio: 13 : 118 BSE, NSE
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Issue Price
₹21.00
Face Value
₹1.00
Issue Size (Shares)
166,666,666
Issue Size (₹ Cr.)
₹350.00
📅 Right Issue Timetable
Last Date to Buy SharesFri, Mar 15, 2024
Record DateSat, Mar 16, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnTue, Mar 26, 2024
Issue Open DateTue, Mar 26, 2024
Renunciation Last DateTue, Apr 2, 2024
Bid/Offer Closes OnFri, Apr 5, 2024
Issue Close DateFri, Apr 5, 2024
Deemed Date of AllotmentTue, Apr 16, 2024
Credit DateThu, Apr 18, 2024
Listing DateFri, Apr 19, 2024
📋 Right Issue Details
Issue Size (Shares)166,666,666
Issue Size (Amount)₹350.00 Cr.
Issue Price₹21.00 per share
Face Value₹1.00 per share
Entitlement Ratio13 : 118
Listing AtBSE, NSE
Terms of PaymentFull amount of Rs 21/- per Equity Share is payable on application
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-31FY I
Income9,912.3310,826.46
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1. Funding long-term working capital requirements of the Company; and
2General corporate purposes.
🏢 About the Company
Hindustan Construction Company Limited is engaged in construction activities which include roads, bridges, ports, railway tunnels, metro projects, power stations, water supply and irrigation projects, and one of the oldest infrastructure development companies in India.

The company's business operations are primarily through three verticals, namely, (i) engineering and construction; (ii) infrastructure development; and (iii) real estate construction, as a single operating segment of engineering and construction.

In the last five financial years and till the six months ended September 30, 2023, The company have completed 14 projects across the engineering and construction and infrastructure development verticals with a cumulative executed value of Rs. 6,360.99 crore.
📞 Company Contact
CompanyHindustan Construction Company Limited
AddressHincon House,
Lal Bahadur Shastri Marg, Vikhroli (West),
Mumbai 400 083,
Mumbai, Maharashtra, 400083
Phone+ 91 22 2575 1000
Emailsecretarial@hccindia.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailhcc.rights2023@linkintime.co.in
WebsiteVisit ↗