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Category: OFS

NALCO OFS To Hit Market Tomorrow At Rs 67

NALCO OFS To Hit Market Tomorrow At Rs 67 - Apply IPO

NALCO OFS To Hit Market Tomorrow At Rs 67: The government plans to divest up to 10 per cent of its holding in National Aluminium Company Limited (NALCO) via an offer for sale on Wednesday. The share sale is expected to raise Rs 1,350 crore for the government kitty. The issue price has been set […]

Bharat Electronics Ltd (BEL) OFS Subscribed by 2.34 times

Bharat Electronics Ltd (BEL) OFS Subscribed by 2.34 times - Apply IPO

Bharat Electronics Ltd (BEL) OFS Subscribed by 2.34 times: The government’s 5 per cent stake sale in Bharat Electronics Ltd (BEL) opened to an enthusiastic response today, with the shares reserved for institutional investors getting over-subscribed. The 2-day offer for sale (OFS) of the government’s 5 per cent stake in BEL at a floor price […]

EIL To Offers Stake Sale Through OFS To Staff

EIL To Offers Stake Sale Through OFS To Staff - Apply IPO

Engineers India Ltd (EIL) is going to start its Offer For Sale (OFS) where it will offer 16.84 lakh shares of face value Rs 5 each to its eligible employees. The EIL Offer For Sale (OFS) will remain open between September 15 and 23. Engineers India Limited (EIL) is a Navratna public-sector undertaking of the Government […]

NHPC OFS Worth Rs 130 Crore For Staff

NHPC OFS Worth Rs 130 Crore For Staff - Apply IPO

NHPC To Sell 62881397 equity shares of Rs. 10/- each at Rs 20.66 to eligible employees: NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian Hydropower generation company that was incorporated in the year 1975 with an authorized capital of Rs. 2000 million and with an objective to plan, promote and organize an integrated and efficient […]

NBCC OFS Can Fetch Upto Rs 2100 Crore

NBCC OFS Can Fetch Upto Rs 2100 Crore - Apply IPO

The government plans to sell a 15 percent stake in state owned NBCC (India) Ltd through an offer for sale (OFS), expecting to raise about Rs 2100 crore. The government holds 90 per cent in the company, formerly known as the National Buildings Construction Corporation Ltd. Its operations include project management consultancy and real estate […]

NTPC OFS Non Retail Subscription Figures

NTPC OFS Non Retail Subscription Figures - Apply IPO

NTPC has got some good response from Non Retail Investors for the OFS that has started on 23rd Feb and has got oversubscribed by 1.81 Times of Allotted Quantity and the indicative price of allotment to non retail investors is Rs 122.22 per share While Floor Price decided by Government is Rs 122 per share […]

Govt to sell 5% in NTPC on Tuesday Via OFS

Govt to sell 5% in NTPC on Tuesday Via OFS - Apply IPO

The government will sell 5% stake in the country’s largest power producer, NTPC, on Tuesday at a floor price of R122 per share to raise around Rs 5,029 crore. The stake sale will be done via offer for sale (OFS), the company said in a filing with the stock exchanges. The government currently owns 74.96% […]

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