Government's approval to sell a 3.5% stake in HUDCO

Image Courtesy HUDCO Facebook

Equates to ₹ 7 crore equity shares on offer for sale

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Sale at the face value of ₹ 10 per share

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Transaction takes place over two days

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Bid for both non-retail and retail investors on Oct. 18

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Option for investors to revise bids on T-1 day

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In case of over subscription, an additional 3.5% offered

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Shares priced at ₹ 79 each, a 12.17% discount

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