HSBC InvestDirect (India) Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 142.5

Price Range (₹)

₹ 125

Lot Size

50

Min Investment (₹)

₹ 6,250.00

Listing Exchange

MumbaiNSE

Open Date

04-Jul-2005

Close Date

08-Jul-2005

Listing Date

27-Jul-2005

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HSBC InvestDirect (India) Ltd IPO Details

Public offer of 11,400,000 Equity Shares comprising fresh issue of 8,800,000 Equity Shares of the Face Value of Rs. 10 each at a price of Rs. 125 including a premium of Rs. 115, for cash aggregating Rs. 110 crores and Offer for Sale of 2,600,000 Equity Shares of the Face Value of Rs. 10 each at a price of Rs. 125 for cash aggregating Rs. 32.50 crores (collectively referred to as the Offer), including employee reservation of 11,40,000 Equity Shares of the Face Value of Rs. 10 each at the price of Rs. 125 for cash aggregating Rs. 14.25 crores and the Net offer to the Public of 10,260,000 Equity shares of the Face Value of Rs. 10 each at the price of Rs. 125 for cash aggregating Rs. 128.25 crores.

Objective of issue

Expansion of Operations & Branch Network. Technology & Business Continuity Planning. Investment in Subsidiaries.

HSBC InvestDirect (India) Ltd Contact Details

HSBC InvestDirect (India) Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - taxhidl@hsbc.co.in

Website - www.hsbcinvestdirect.co.in