HUDCO Bhawan, Core 7-A, India Habitat Centre, Lodhi Road, New Delhi, Delhi - 110003
Phone: 24649610-23 Fax: 24625308

Public Issue of 204058747 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
08/05/201711/05/201760.00 -
Lead Managers Registrar Listed at
ICICI SECURITIES LTD
IDBI CAPITAL MARKETS & SECURITIES LIMITED
NOMURA FINANCIAL ADVISORY & SECURITIES (I) P LTD.
SBI CAPITAL MARKETS LIMITED
Alankit Assignments Limited
205-208, Anarkali Complex,
Jhandewalan Extension, ,
New Delhi, Delhi - 110055
Phone: 42541234 Fax: 41543474
BSE
NSE
Object of the issue

The objects of the Offer are:

(i) to carry out the disinvestment of 204,058,747 Equity Shares by the Selling Shareholder constituting 10.19% of the Company’s pre-Offer paid up Equity Share capital the Company,

(ii) to achieve the benefits of listing the Equity Shares on the Stock Exchanges. the Company will not receive any proceeds from the Offer and all proceeds shall go to the Selling Shareholder.

Promoted by

The Promoter is the President of India, acting through the Ministries. the Promoter currently holds, directly and indirectly (through his nominees), 100% of the pre-Offer paid-up Equity Share capital of the Company. Assuming the sale of all Offered Shares, the Promoter shall hold around 89.81% of the post-Offer paid-up Equity Share capital of the Company. As the Promoter is the President of India, acting through the Ministries, disclosures on the Promoter Group (defined in Regulation 2(zb) of the SEBI ICDR Regulations), as specified in the Schedule VIII of the SEBI ICDR Regulations have not been provided.