The offer for sale will take place on a separate window of the stock exchanges under the T+1 period. The OFS will take place between 9:15 am and 3:30 pm on January 28, 2025, for non-retail investors and will continue on January 29, 2025, for retail investors between 9:15 am and 3:30 pm.
Hindustan Zinc OFS Details
| OFS Open: | January 28, 2025 |
| OFS Close: | January 29, 2025 |
| OFS Floor Price: | ā¹685 per share |
| Face Value: | ā¹2 per share |
| Closing Price: | ā¹713.5 as of January 27 |
| OFS Discount: | 4.16% on closing price |
| Retail Discount: | N/A |
| Base Size: | 3,35,00,000 shares (0.79% of Equity) |
| Listing: | BSE, NSE |
| Offer for Sale: | Click Here |
Vedanta Limited (āthe Sellerā) is one of the Promoters of Hindustan Zinc Ltd (āthe Companyā) proposes to sell up to 3,35,00,000 Equity Shares of the Company (representing 0.79% of the total issued and paid up Equity Share capital of the Company) (āBase Offer Sizeā), on January 28, 2025, (āT dayā) (for non-Retail Investors only) and on January 29, 2025 (āT+1 dayā) (for Retail Investors (as defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) through a separate designated window of BSE (Stock Exchange), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the āOfferā).
Financial Results
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT |
| 2022 | ā¹3,065.60 | ā¹1,363.80 | ā¹963.00 |
| 2023 | ā¹3,548.00 | ā¹1,691.90 | ā¹1,052.00 |
| 2024 | ā¹3,003.70 | ā¹1,622.80 | ā¹778.70 |
About Hindustan Zinc
Hindustan Zinc Limited is one of the leading companies involved in mining and processing of Zinc, lead, silver, and critical minerals in India. Founded in 1966, Delhi-based Hindustan Zinc is one of the largest and the only company in India to offer zinc, lead, and silver together for over 50 years. With a market share of around 77% in the zinc segment, Hindustan Zinc is the clear market leader among zinc producers in India.
The company runs various mining facilities, including Rampura Agucha, Sindesar Khurd, Rajpura Dariba, Zawar, and Kayad. Moreover, it also has production facilities at Chanderiya, Dariba, and Debari, and a silver refinery at Pantnagar. Backed by Vedanta Limited, Hindustan Zinc is listed on the NSE and BSE.
Hindustan Zinc Broker Details
- Citigroup Global Markets India Pvt. Ltd.
Contact Us
Hindustan Zinc Limited
Yashad Bhawan
Udaipur, 313004
Phone: +91 294-6604000
Email:
Website: https://www.hzlindia.com/
One Response
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