
Hindustan Construction Rights Issue dates 12 – 22 December 2025.
Founded in 1926 and headquartered in Mumbai, Hindustan Construction Company (HCC) is a global infrastructure enterprise with proven expertise in hydropower, nuclear power, transport, tunneling, and heavy civil engineering. Over its nearly 100-year journey, HCC has built a significant part of India’s critical infrastructure, including 29% of hydropower capacity, over 65% of nuclear capacity, 4,000+ lane km of roads, 395 bridges, and 360 km of tunnels. The company has built major infrastructure landmarks, including hydro power projects, metro railways, and expressways.
In fiscal year 2025, HCC reported a consolidated revenue of approximately INR 5,603 crore, with a net profit of around INR 85 crore. Although revenues have seen some decline compared to previous years, the company maintains steady progress in project execution and cost control. Key projects include transportation infrastructure like the Bandra-Worli Sea Link and Eastern Peripheral Expressway. HCC offers end-to-end turnkey construction solutions, handling design, engineering, procurement, and civil works.

Promoters of Hindustan Construction Company – Ajit Gulabchand, Hincon Holdings, Hincon Finance, Shalaka Gulabchand Dhawan, and Shalaka Investment
Table of Contents
Hindustan Construction Rights Issue Details
| Hindustan Construction Rights Issue Date | 12 – 22 December 2025 |
| Hindustan Construction Rights Issue Price | INR 12.50 per share |
| Issue Size (in Shares) | 79,99,91,900 shares |
| Issue Size (in INR) | INR 999.99 crore |
| Issue Entitlement | 277 equity shares for every 630 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Hindustan Construction Rights Issue Record Date | 5 December 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE, NSE |
Hindustan Construction Rights Issue Calculation
| Hindustan Construction Rights Issue Price | INR 12.50 per share |
| Market Price on Rights Issue Approval | INR 24.05 per share |
| Dilution Factor (X) | 1.44 |
| Fair Value After Dilution at Prevailing Price | INR 20.52 per share |
Hindustan Construction Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 8,270 | 7,007 | 5,603 |
| Expenses | 7,722 | 6,336 | 4,969 |
| OPM (%) | 7.0 | 10.0 | 11.0 |
| Net Income | (28.0) | 478.0 | 113.0 |
| ROCE (%) | 16.0 | 21.0 | 25.0 |
Hindustan Construction Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Repayment and/ or pre-payment, in full or in part, of certain outstanding borrowings availed by the company – INR 625 crore
- Investment in the Joint Venture, Prolific Resolution, for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by Prolific Resolution – INR 200 crore
- Augmenting the working capital requirements of the company – INR 100 crore
- Funding of General corporate purposes
Hindustan Construction Rights Offer Documents
- Hindustan Construction Rights Issue Application Form
- Hindustan Construction Letter of Offer
- Board Meeting Outcome
- Hindustan Construction Draft Letter of Offer
- Rights Issue in 2024
Hindustan Construction Rights Issue Dates
| Rights Issue Approval Date | 1 December 2025 |
| Rights Issue Record Date | 5 December 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 12 December 2025 |
| Last Date for Market Renunciation | 19 December 2025 |
| Rights Issue Closing Date | 22 December 2025 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Hindustan Construction Rights Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.mpms.mufg.com
Hindustan Construction Contact Details
HINDUSTAN CONSTRUCTION COMPANY LIMITED
Hincon House, Lal Bahadur Shastri Marg, Vikhroli
(West), Mumbai 400 083, Maharashtra, India
Phone: +91 22 2575 1000
Email: [email protected]
Website: www.hccindia.com
Hindustan Construction Rights Offer FAQs
What is the Hindustan Construction Rights Issue Price?
The issue price is INR 12.50 per share.
What is the Hindustan Construction Rights Issue entitlement ratio?
The eligible shareholders are offered 277 equity shares for every 630 equity shares held on the record date.
What is the Hindustan Construction Rights Issue Record Date?
The Record date is 5 December 2025.
How to Apply in the Hindustan Construction Rights Offer?
The best way to apply in the Hindustan Construction Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.











































Is it worth to apply for rights issue of HCC.