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Hindustan Construction Company announces IPO plans of subsidiary

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Lavasa Corporation files Draft Red Herring Prospectus with SEBI

Hindustan Construction Company announced that its subsidiary, Lavasa Corporation has filed its draft red herring prospectus with SEBI on 01 July 2014 in order to undertake an initial public offering of its equity shares of Rs 10 each aggregating to Rs 750 crore (the Issue). The Issue is subject to receipt of requisite regulatory approvals, market conditions and other considerations.

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First Published: Jul 01 2014 | 2:49 PM IST

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