IPO Details

Housing Development & Infrastructure Ltd
Registered Office: 9-01 HDIL Towers, Anant Kanekar Marg Bandra (E), Mumbai - 400051, Maharashtra
Phone: 91-22-67889000
Email: darshan.majmudar@hdil.in
Website: www.hdil.in
Public issue of 2,97,00,000 equity shares of Rs.10/- each of Housing Development and Infrastructure Limited ("HDIL" or the "company" or the "issuer") for cash at a price of Rs.500/- per equity share (including a share premium of Rs.490/- per equity share) aggregating to Rs.1485 Crores (the "issue"). The issue comprises a reservation of up to 6,00,000 equity shares for subscription by eligible employees (as defined herein) (the "employee reservation portion") and an issue to the public of 2,91,00,000 equity shares ("the net issue"). There will also be a green shoe option of up to 44,55,000 equity shares for cash at a price of Rs.[*] per equity share aggregating to Rs.[*] Crores (the "green shoe option"). The issue and the green shoe option, if exercised in full, will aggregate to 3,41,55,000 equity shares amounting to Rs.[*]. The net issue will constitute 13.86% of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is not exercised and 15.65% assuming that the green shoe option is exercised in full. Issue Price is Rs.500/- per equity share of face value Rs.10/- each The floor price is 50 times of the face value

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
28-Jun-2007	03-Jul-2007	₹ 500.00	₹ 0.00

Projects
Acquisition of Land & Land Development Rights
Construction of our Ongoing & Planned Projects
General Corporate Purposes

Promoted By
Rakesh Kumar Wadhawan
Sarang Wadhawan
Kapil Wadhawan

Listing At
BSE
NSE

Registrar to the Issue