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NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bids
The government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. This indicates significant interest in the disinvestment. The offer is open for retail investors today. The government aims to raise funds through this stake sale. This is part of its broader PSU disinvestment strategy.
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economictimes.indiatimes.com
Government to sell 3% stake in NLC India through OFS, sets floor price at Rs 303
The government has launched a two-day offer for sale in NLC India, aiming to divest up to 3% stake through a base offer and greenshoe option. The issue, priced at a discount to…
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timesofindia.indiatimes.com
Disinvestment push: Government to sell up to 3% stake in NLC India at Rs 303 per share
