Community User Posted on 09:59am 12-Mar-2019
Company Name : HDFC Life Insurance Company Limited
Stock Code : HDFSTA
Issue Size : 9,95,00,000 Equity Shares.
OFS dates : 12 March 2019, and 13 March 2019
OFS Bidding Time : 09:15 Hrs to 15:30 Hrs.
Bidding at Cut-off : Cut-off available.
Retail Discount : NA
Retail Reservation :10% of the offer size
Floor Price : Rs 357.50/-
To place a BUY order for the OFS, follow the steps: www.icicidirect.com > Login to your account > Trade & Invest > Equity > Transact > Offer For Sale.
To know more about Offer for Sale click here for FAQs.
Community User Posted on 12:03pm 11-Mar-2019
Record Date, Ratio of Buyback as per the Buyback Entitlement of each category
a. The Board of Directors on February 4, 2019 has fixed Friday, February 15, 2019 as the Record Date for the purpose of determining the entitlement and the names of the Equity Shareholders, who are eligible to participate in the Buyback Offer.
b. The Equity Shares proposed to be bought back by the Company shall be divided in two categories:
1. Reserved category for Small Shareholders ( “Reserved Category”); and
2. General category for all Eligible Shareholders other than Small Shareholders (“General Category”)
c. As defined under Regulation 2(i)(n) of the Buyback Regulations, a “Small Shareholder” is a Shareholder who holds Equity Shares whose market value, on the basis of closing price on NSE as on Record Date, is not more than Rs. 2,00,000/- (Rupees Two Lakh only). As on the Record Date, the closing price on NSE, having the highest trading volume was Rs. 219.95 per Equity Share, accordingly all Shareholders holding not more than 909 Equity Shares as on the Record Date are classified as ‘Small Shareholders’ for the purpose of the Buyback Offer.
d. Based on the above, the entitlement ratio of Buyback for both categories is decided as below:
Category Entitlement Ratio of Buyback
|Category||Entitlement Ratio of Buyback*|
|Reserved Category||4 Equity Shares out of every 53 fully paid-up Equity Shares held on the Record Date|
|General Category||1 Equity Shares out of every 162 fully paid-up Equity Shares held on the Record|
Coal India Limited buyback offered on ICICI direct website by following the pathway: Login to your account > Trade & Invest > IPO / FPO / BUYBACK > COAL INDIA LIMITD : COALIN > Action : Go.
Start Date - 01-MAR-2019 9:15:00 AM
End Date - 15-MAR-2019 11:00:00 AM
Price Band/Floor Price (Rs.) - 235.00