*Offer for sale*
* Housing & Urban Development Corporation Ltd*
The President of India (acting through the Ministry of Housing and Urban Affairs, Government of India) (the "Seller")("Promoter") of Housing & Urban Development Corporation Ltd (the "Company") proposes to sell up to 11,01,04,500 equity shares of face value of Rs.10 each (representing 5.5% of the total paid-up equity share capital of the Company) ("Base Offer Size"), on July 27, 2021 ("T day"), (for non-Retail Investors only) and on July 28, 2021 ("T+1 day") (for Retail Investors and non-Retail Investors who choose to carry forward their un-allotted bids) with an option to additionally sell 5,00,47,500 (2.5%) equity shares of the Company (the "Oversubscription Option") and in event the Oversubscription Option is exercised, the equity shares forming part of the Base Offer Size and the Oversubscription Option will represent 16,01,52,000 (8%) of the outstanding equity shares of the Company, collectively, hereinafter be referred to as "Offer Shares". In case the Oversubscription Option is not exercised, the equity shares forming part of the Base Offer Size will hereinafter be referred to as ''Offer Shares") through a separate, designated window of BSE Limited (the "BSE") and the National Stock Exchange of India Limited (the "NSE" and together with BSE, the "Stock Exchanges" and such offer hereinafter referred as the "Offer").
*Floor Price: Rs. 45/- per equity share of the company*
Retail Reservation: 10% of the sale shares
Retail Discount: 5% discount
No. of shares offered: 11,01,04,500 equity shares of face value of Rs.10 each (representing 5.5% of the total paid-up equity share capital of the Company) ("Base Offer Size"),with an option to additionally sell 5,00,47,500 (2.5%) equity shares of the Company (the "Oversubscription Option") and in event the Oversubscription Option is exercised
Open Date for NON-Retail: July 27, 2021 :: Open time : 9:15 a.m; Close time: 3:30 p.m
Open Date for retail: July 28, 2021:: Open time : 9:15 a.m; Close time: 3:30 p.m
Size of offer: Rs.495crore if oversubscribed the Rs.720 crore
CMP: Rs 47.20
Mcap: Rs.9448.97 crore