HCC’s arm receives SEBI approval for proposed IPO

Hindustan Construction Company Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 500185 | NSE: HCC

12 Nov 2014 Evaluate

Hindustan Construction Company’s (HCC) subsidiary company Lavasa Corporation has received observation letter from Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO) of equity shares for an amount not exceeding Rs 750 crore. The company holds a 68.7% stake in Lavasa Corporation.

HCC is a leader in engineering and construction space. The company has established a vast presence and gained recognition in the sectors of Hydro Power, Water Solutions, Transportation and Nuclear Power.

Peers

Company Name	CMP
Larsen & Toubro	3845.00
Kalpataru Projects	1397.60
NCC	133.45
Rail Vikas Nigam	207.00
KEC International	395.45
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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