HFCL Limited has successfully completed a Qualified Institutions Placement (QIP) of equity shares, issuing and allotting 8,79,29,651 shares at a price of ₹62.55 per share. This includes a premium of ₹61.55 per equity share, raising a total of approximately ₹550 Crores. The QIP was approved on December 24, 2025, following the closure of the issue.
Qualified Institutions Placement Completed
HFCL Limited has announced the successful completion of its qualified institutions placement of equity shares. The Fund Raising Committee of Directors approved the issue and allotment of 8,79,29,651 Equity Shares on December 24, 2025.
Issue Details
The equity shares were issued at a price of ₹62.55 per Equity Share, which includes a premium of ₹61.55 per Equity Share. This resulted in total proceeds of approximately ₹550 Crores for HFCL Limited.
Key Allottees
The following allottees received more than 5% of the Equity Shares offered in the issue:
- Rajasthan Global Securities Private Limited: 1,91,84,652 shares (21.82%)
- NECTA BLOOM VCC – NECTA BLOOM ONE: 1,59,87,210 shares (18.18%)
- FINQUEST FINANCIAL SOLUTIONS PVT. LTD: 1,19,90,407 shares (13.64%)
- SHINE STAR BUILD CAP PVT LTD: 79,93,605 shares (9.09%)
- NOVA GLOBAL OPPORTUNITIES FUND PCC – TOUCHSTONE: 75,13,988 shares (8.55%)
- ABUNDANTIA CAPITAL VCC- ABUNDANTIA CAPITAL III: 63,94,884 shares (7.27%)
Issue Timeline
The issue opened on December 22, 2025, and closed on December 24, 2025. Allottees who have been allotted more than 5% of the Equity Shares offered in the Issue has been listed.
Source: BSE