Analysis and Insights into the world of IPOs and investing in India

Wednesday, August 2, 2017

Hindustan Copper Offer for Sale (OFS) - Official NSDL Announcement

Name of Seller
The President of India, acting through and represented by the Ministry of Mines,Government of India

Name of Company whose shares are proposed to be sold
Hindustan Copper Limited
(ISIN:INE531E01026)

Name of stock exchanges where orders shall be placed
NSE and BSE

Date and time of the opening of the offer for retail investors
August 3, 2017 at 9.15 a.m.

Date and time of the closing of the offer for retail investors
August 3, 2017 at 3.30 p.m.

Date and time of the opening of the offer for non-retail investors
August 2, 2017 at 9.15 a.m.

Date and time of the closing of the offer for non-retail investors:
August 2, 2017 at 3.30 p.m.

Floor Price
Rs. 64.75 per share

Retail Discount
Retail Investors will be allocated Offer Shares at the Discounted Price i.e. at a discount of 5% to the Cut-Off Price in accordance with the SEBI OFS circulars. The Discounted Price, which shall be the final allocation price to the Retail Investors, may be below the Floor Price
Share:

0 comments:

Post a Comment

Blog Archive