India’s Oldest Construction Major Behind The Bandra–Worli Sea Link Announces ₹1,000 Cr Rights Issue

India’s Oldest Construction Major Behind The Bandra–Worli Sea Link Announces ₹1,000 Cr Rights Issue


Hindustan Construction Rights Issue

Hindustan Construction Rights Issue dates are not finalized.

Founded in 1926 and headquartered in Mumbai, Hindustan Construction Company (HCC) is a global infrastructure enterprise with proven expertise in hydropower, nuclear power, transport, tunneling, and heavy civil engineering. Over its nearly 100-year journey, HCC has built a significant part of India’s critical infrastructure, including 29% of hydropower capacity, over 65% of nuclear capacity, 4,000+ lane km of roads, 395 bridges, and 360 km of tunnels. The company has built major infrastructure landmarks, including hydro power projects, metro railways, and expressways.

In fiscal year 2025, HCC reported a consolidated revenue of approximately INR 5,603 crore, with a net profit of around INR 85 crore. Although revenues have seen some decline compared to previous years, the company maintains steady progress in project execution and cost control. Key projects include transportation infrastructure like the Bandra-Worli Sea Link and Eastern Peripheral Expressway. HCC offers end-to-end turnkey construction solutions, handling design, engineering, procurement, and civil works.

Hindustan Construction Rights Issue Dates

Promoters of Hindustan Construction Company – Ajit Gulabchand, Hincon Holdings, Hincon Finance, Shalaka Gulabchand Dhawan, and Shalaka Investment

Hindustan Construction Rights Issue Details

Hindustan Construction Rights Issue DateComing soon
Hindustan Construction Rights Issue PriceComing soon
Issue Size (in Shares)Coming soon
Issue Size (in INR)INR 1,000 crore
Issue EntitlementNA equity share for every NA equity share held on the record date
Terms of PaymentFully payable at the time of application
Hindustan Construction Rights Issue Record DateComing soon
Face ValueINR 1 per share
Listing OnBSE, NSE

Hindustan Construction Rights Issue Calculation

Hindustan Construction Rights Issue PriceINR per share
Market Price on Rights Issue ApprovalINR per share
Dilution Factor (X)
Fair Value After Dilution at Prevailing PriceINR per share

Hindustan Construction Financial Performance

 FY 2023FY 2024FY 2025
Revenue8,2707,0075,603
Expenses7,7226,3364,969
OPM (%)7.010.011.0
Net Income(28.0)478.0113.0
ROCE (%)16.021.025.0
Figures in INR Crores unless specified otherwise

Hindustan Construction Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • Repayment and/ or pre-payment, in full or in part, of certain outstanding borrowings availed by the company – INR 625 crore
  • Investment in the Joint Venture, Prolific Resolution, for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by Prolific Resolution – INR 200 crore
  • Augmenting the working capital requirements of the company – INR 100 crore
  • Funding of General corporate purposes

Hindustan Construction Rights Offer Documents

Hindustan Construction Rights Issue Dates

Rights Issue Approval DateComing soon
Rights Issue Record DateComing soon
Credit of Rights EntitlementComing soon
Rights Issue Opening DateComing soon
Last Date for Market RenunciationComing soon
Rights Issue Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Rights Allotment DateComing soon
Credit DateComing soon
Listing DateComing soon

Hindustan Construction Rights Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.mpms.mufg.com

HINDUSTAN CONSTRUCTION COMPANY LIMITED
Hincon House, Lal Bahadur Shastri Marg, Vikhroli
(West), Mumbai 400 083, Maharashtra, India
Phone: +91 22 2575 1000
Email: 
[email protected]
Website:
www.hccindia.com

Hindustan Construction Rights Offer FAQs

What is the Hindustan Construction Rights Issue Price?

The issue price is INR per share.

What is the Hindustan Construction Rights Issue entitlement ratio?

The eligible shareholders are offered NA equity share for every NA equity shares held on the record date.

What is the Hindustan Construction Rights Issue Record Date?

The Record date is coming soon.

How to Apply in the Hindustan Construction Rights Offer?

The best way to apply in the Hindustan Construction Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.



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