Issue Highlights

OFS Date for Non-Retail September 29, 2016 OFS Date for Retail September 30, 2016 OFS Bidding Time 09:15 am to 3:30 pm. Lot Size 1 equity share Face Value Rs. 5/- Floor Price Rs.62/- Offer Size for Retail 1,29,53,052 Offer Size for Non Retail 5,18,12,208 Total Size 6,47,65,260 Discount For Retail Investors 5% on cutoff price

Business Overview

Hindustan Copper Limited (HCL), a public sector undertaking under the administrative control of the Ministry of Mines, was incorporated on 9th November 1967. It has the distinction of being the nation's only vertically integrated copper producing company as it manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products. The Company markets copper cathodes, copper wire bar, continuous cast copper rod and by-products, such as anode slime (containing gold, silver, etc.), copper sulphate and sulphuric acid.

Read OFS FAQs »

As per the recent SEBI circular, Retail investors can bid on T+1 day and Non-Retail can bid on T day (T being the day of the OFS).

Basis of Allotment

The Allotment process is on price priority basis, the customer who places the bid at the highest price either the final Cut off or at the price decided by you will get the first preference for allotment. Bids can be placed in two ways: Cut Off Price : Cut-Off price means the lowest price at which the Offer shares are sold and determined on the basis of all valid bids received in the non-retail category on T day. Enter the price decided by you