HCC may list Lavasa Corp by July-Sep quarter

India Infoline News Service | Mumbai | May 04, 2015 09:59 IST

The company is planning to raise Rs 750 crore via IPO.

HCC
Hindustan Construction Company is planning to list subsidiary Lavasa Corporation during July-September quarter of this fiscal, says report.
The company is planning to raise Rs 750 crore via IPO.
The company had shelved its plans citing unfavourable market conditions. 
"We may now look at launching it (IPO) in the second quarter of this fiscal," HCC Group Chief Financial Officer Praveen Sood added. 

The stock was down 2% at Rs. 31.

The stock has hit a high of Rs. 32 and a low of Rs. 30.

***Note: This is a NSE Chart

 

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