OFS Update

author-image
New Update
OFS Update

Scrip: HUDCO


HNI Date: 27.07.2021


Retail Date: 28.07.2021


OFS Size:  11,01,04,500  Equity Shares (5.5% of the total paid up equity share capital)


Offer Size for Retail Investors: 1,60,15,200


Base Offer Size 1,10,10,450 shares and Oversubscription Option of 50,04,750 shares. Total Shares (Base Size + Green Shoe) 1,60,15,200 shares..As per SEBI OFS Guidelines,Retail bids below the Cut-Off price shall not be eligible for allocation.Cut off Price for RIC Bids has been fixed at Rs 45.00 based on the clearing price of Non Retail Bids in HUDCO Ltd


Retail Discount: NIL


Floor Price: Rs.45.00


Indicative Price : Rs.45.03


Cutoff Price/Clearing Price: Rs.45.00


Selling Member: 1) Elara Securities (India) Private Limited 2) IDBI Capital Markets & Securities Limited  3) SBICAP Securities Limited


Seller  Promoter : The President of India, acting through and represented by the  Ministry of Housing and Urban Affairs,Government of India



Source : Eureka

Open DP and Trading Account online please visit https://kyc.eurekasecurities.net/home/index/729

or please call us at 9831200699