NLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investors, with bids worth Rs 4,158 crore on day one. The Centre has exercised the oversubscription option, taking the total stake sale size to Rs 1,263 crore.

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…

The government will divest up to a 3% stake in state-owned NLC India Ltd through an offer for sale (OFS), with the floor price set at Rs 303 per share, nearly 10% below the…

The government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 crore. The OFS opens for non-retail…

The government's offer for sale of up to 3 per cent stake in NLC India got off to a smooth start on Tuesday, with strong participation from non-retail investors.