Toll Free: 1800 103 1369 Email Us:customercare@canmoney.in

Markets

Market

News Details

(24/12/2025 11:55)

HFCL - Announcement under Regulation 30 (LODR)-Allotment

In continuation of our earlier letter dated December 22, 2025 and December 24, 2025 on the captioned subject, we wish to inform you that, in respect of the Issue, the Fund Raising Committee of Directors ('Committee') at its meeting held today, i.e., December 24, 2025, has inter-alia approved the following: \r\n\r\na) Issue and allotment of 8,79,29,651 Equity Shares to 14 eligible qualified institutional buyers at the issue price of ? 62.55/- per Equity Share (including a premium of ?61.55/- per Equity Share), (which included a discount of Rs. 3.29 i.e. 5% to the floor price of ?65.84) aggregating to approximately ?550 Crores (Rupees Five Hundred Fifty Crores) pursuant to the Issue in accordance with the provisions of the SEBI ICDR Regulations.\r\n\r\nThe Issue opened on December 22, 2025 and closed on December 24, 2025 and the same was intimated to you through our letters dated December 22, 2025 and December 24, 2025, respectively.\r\n\r\n\r\n
Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remain in investor's account.