New Delhi, June 2 (IANS) The government’s Offer for Sale (OFS) in National Hydroelectric Power Corporation (NHPC) Limited was oversubscribed 3.47 times on the first day of bidding for non‑retail investors, and it exercised the entire 3 per cent greenshoe option, a regulatory filing said on Tuesday.The total stake on offer was raised to 6 per cent from the original 3 per cent. The sale, launched with a floor price of Rs 71 per share, will allocate shares on a price‑priority basis.Retail inv…
Latest Offer for Sale News & Updates
Mumbai, Dec 29 (IANS) Shares of Timex Group India fell sharply in early trade on Monday, after the company’s promoter launched a two-day offer for sale (OFS) at a steep discount. The stock dropped nearly 10 per cent in the morning session — reflecting selling pressure triggered by the OFS announcement.The share price of Timex Group India slipped as much as 9.6 per cent to an intra-day low of Rs 318.The decline came after the promoter fixed the OFS floor price at a significant discount to the …