Business Standard

Hinduja Leyland Finance Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Hinduja Leyland Finance Ltd News

    Hinduja Leyland Finance Ltd IPO Details

    Initial public offering of up to (*) equity shares of face value of Rs.10 each (the equity shares) of Hinduja Leyland Finance Limited (hlfl or the company or the company or the issuer) for cash at a price of Rs. (*)per equity share (including share premium of Rs. (*) per equity share) (the offer price) aggregating up to Rs. (*) Crores (the offer). The offer comprises a fresh issue of up to (*) equity shares aggregating up to Rs. 500 Crores by the company (the fresh issue) and an offer for sale of up to 21,900,000 equity shares aggregating up to Rs. (*) Crores by everfin holdings, up to 2,282,475 equity shares aggregating up to Rs. (*) Crores by Hinduja Ventures Limited and up to 6,500,000 equity shares aggregating up to Rs.(*) Crores by Indusind International Holdings Limited (the selling shareholders and such offered shares offered shares) (the offer for sale). The offer shall constitute (*)% of the post-offer paid-up equity share capital of the company. The company and the selling shareholders, in consultation with the book running lead managers (brlms), are considering a private placement of up to 10,000,000 equity shares for cash consideration aggregating up to Rs. 200 Crores, prior to filing of the red herring prospectus with the roc (pre-ipo placement). If the pre-ipo placement is completed, the number of equity shares issued pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to a minimum offer size of at least such percentage of equity shares as is equivalent to a value of Rs. 200 Crores (calculated at the offer price) being offered to the public.The price band, any retail discount* and the minimum bid lot will be decided by the company.

    Objective of issue

    Listing of Shares on the Stock Exchanges.

    Hinduja Leyland Finance Ltd Contact Details

    Hinduja Leyland Finance Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - sn@hindujaleylandfinance.com

    Website -