#offer-for-sale
NSE Files DRHP For ₹30,000 Crore IPO; Stakeholders To Divest 6% In Complete OFS
The National Stock Exchange (NSE) has finally filed its DRHP for a long-awaited IPO, entirely structured as an offer for sale worth about ₹30,000 crore. Major institutional shareholders including SBI and insurers will sell stakes. The listing marks a key mile…
NSE appoints record 20 merchant bankers for ₹30,000 crore IPO; mega issue to be entirely OFS
NSE has appointed 20 merchant bankers for its Rs 30,000 crore IPO, which could become India’s largest public issue through an Offer for Sale route.
NSE IPO: IFCI, IDBI Bank, SBI, other stocks gain up to 3% as NSE files for India's largest IPO. Who else is selling stake?
Shares of major NSE shareholders such as IFCI, IDBI Bank, State Bank of India and HDFC Life Insurance gained up to 3% after the National Stock Exchange's IPO papers revealed them as selling shareholders in the offer-for-sale (OFS).
NSE IPO: IFCI, IDBI Bank, SBI, other stocks gain up to 3% as NSE files for India's largest IPO. Who else is selling stake?
Shares of major NSE shareholders such as IFCI, IDBI Bank, State Bank of India and HDFC Life Insurance gained up to 3% after the National Stock Exchange's IPO papers revealed them as selling shareholders in the offer-for-sale (OFS).
NSE IPO back on track as exchange files DRHP with SEBI for ₹30,000 crore issue
NSE files DRHP with SEBI for IPO via offer for sale worth up to Rs 30,000 crore, reviving long-delayed listing plans after regulatory hurdles.
Coal India’s Rs 5,000 crore OFS opens for retail investors today: Should you buy or avoid?
Coal India's Rs 5,000 crore offer is now open for retail investors. Analysts see this as a good chance for long-term investment. The government is selling a portion of its stake. Institutional investors have already shown strong interest, bidding significantl…
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.