#offer-for-sale
Pushp Brand (India) Files IPO Papers With Sebi, Plans ₹800-1,000 Crore OFS Issue
Pushp Brand (India) has filed draft IPO papers with Sebi for an offer-for-sale issue worth around Rs 800-1,000 crore. The spice maker plans stock market listing on BSE and NSE, while promoters and investors will partially sell stakes. The company also plans e…
Pushp Brand files IPO papers with SEBI
Pushp Brand files IPO papers with SEBI to raise ₹800-1,000 crore through an offer-for-sale of equity shares.
Coal India shares slide 6% after PSU prices Rs 5,000 crore OFS at 10% discount
Coal India shares dropped after the government announced plans to sell up to a 2% stake in the company through an Offer for Sale (OFS). The floor price was set at Rs 412 per share, about 10% lower than the previous NSE closing price of Rs 458.15.
Govt to offload up to 2% stake in Coal India via OFS on May 27-29; floor price at Rs 412/share
The government will divest up to a 2% stake in Coal India through an offer for sale scheduled across May 27 and May 29. The OFS floor price has been fixed at Rs 412 per share, nearly 10% below Coal India’s Tuesday closing price on the NSE.
Central Bank of India shares tumble as government launches OFS
Central Bank of India shares fell sharply after the government initiated an 8% stake sale through an offer for sale at a floor price of Rs 31. Investors reacted despite the lender reporting strong annual profit growth and healthy expansion in advances.