Get App
Download App Scanner
Scan to Download
Advertisement

Hindustan Copper OFS: Govt To Divest Up To 6% Stake; Floor Price Set

Of the total offer, 10% will be reserved for retail investors, while an additional 25,000 shares will be set aside for eligible employees.

Hindustan Copper OFS: Govt To Divest Up To 6% Stake; Floor Price Set
Image: NDTV Profit/AI generated

The government will divest a 3% stake in Hindustan Copper through an Offer for Sale (OFS), with an additional 3% stake likely to be sold under the green-shoe option. The floor price for the OFS has been set at Rs 514 per share.

 Of the total offer, 10% will be reserved for retail investors, while an additional 25,000 shares will be set aside for eligible employees.
 

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com