HFCL Limited has initiated its Qualified Institutional Placement (QIP) issue with a floor price of ₹65.84 per share, as approved by its Fund Raising Committee on December 22, 2025. The company may offer up to a 5% discount on the floor price, in line with SEBI ICDR guidelines.
HFCL Limited has officially commenced its Qualified Institutional Placement (QIP) to raise capital, marking a significant step in its expansion and growth strategy. The Fund Raising Committee of Directors approved the opening of the issue today, accompanied by key resolutions on pricing and documentation.
The floor price for the offering has been set at ₹65.84 per equity share, determined in accordance with SEBI’s ICDR Regulations. The company retains the discretion to offer a discount of up to 5% on this floor price. The final issue price will be fixed after consultations with the appointed Book Running Lead Manager.
The relevant date for pricing the issue is December 22, 2025. The company has also adopted the preliminary placement document and application form in connection with the QIP.
Additionally, the trading window for insiders and designated persons remains closed from November 18 to December 28, 2025.
Key highlights / major takeaways
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Fund Raising Committee approved opening of the QIP issue on December 22, 2025.
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Floor price: ₹65.84 per share, computed as per SEBI ICDR norms.
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Discount option: Up to 5% permissible at the company’s discretion.
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Relevant date for pricing: December 22, 2025.
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Trading window closure: November 18 – December 28, 2025.
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Preliminary placement document and application form approved.
Source: NSE Corporate Filings, BSE Announcements