Housing Development & Infrastructure Ltd - Prospectus Synopsis

Housing Development & Infrastructure Ltd RHP

Registered Office : 9-01 HDIL Towers , Anant Kanekar Marg Bandra (E) , Mumbai - 400051 , Maharashtra , India.

Phone : 91-22-67889000  Fax : 91-22-67889090

Email : info@hdil.in    Website : www.hdil.in

Public issue of 2,97,00,000 equity shares of Rs.10/- each of Housing Development and Infrastructure Limited (HDIL or the company or the issuer) for cash at a price of Rs.500/- per equity share (including a share premium of Rs.490/- per equity share) aggregating to Rs.1485 Crores (the issue). The issue comprises a reservation of up to 6,00,000 equity shares for subscription by eligible employees (as defined herein) (the employee reservation portion) and an issue to the public of 2,91,00,000 equity shares (the net issue). There will also be a green shoe option of up to 44,55,000 equity shares for cash at a price of Rs.[*] per equity share aggregating to Rs.[*] Crores (the green shoe option). The issue and the green shoe option, if exercised in full, will aggregate to 3,41,55,000 equity shares amounting to Rs.[*]. The net issue will constitute 13.86% of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is not exercised and 15.65% assuming that the green shoe option is exercised in full. Issue Price is Rs.500/- per equity share of face value Rs.10/- each The floor price is 50 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
28-Jun-2007 03-Jul-2007 Rs 500 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 14 Further Multiples of : 14
  Rs Cr Lead Managers to the Issue
Project Cost 0 Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer 1485  
Post Issue Equity Share Capital 210  
Issue Price Rs. 500  
Acquisition of Land & Land Development Rights
Promoted By Listing At Registrar to the Issue
Kapil Wadhawan
Rakesh Kumar Wadhawan
Sarang Wadhawan
Mumbai Karvy Computershare Pvt Ltd

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