The five-nation international roadshow for the proposed Rs 4,000-crore FPO of Hindustan Copper Ltd (HCL) will begin next week, a top company official said.
HCL Chairman and Managing Director Shakeel Ahmed told PTI that the roadshow starting next week would take place in the US, UK, Australia, Hong Kong and Singapore.
The pre-issue roadshow was held in the UK, Singapore, Australia, Hong Kong and Mumbai.The follow-on public offer (FPO) is scheduled to open on December 6 and close on December 9.
Asked about the company's plan on anchor investor, Ahmed said it would be decided a week before the issue opens.
In the 20 per cent equity share sale, the government is offloading 10 per cent of its stake while the company would issue fresh equity in the same proportion. HCL's 0.41 per cent stake is already with the public.
