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Hindustan Copper OFS subscribed over 3 times; govt to exercise greenshoe option
Hindustan Coppers government OFS received strong demand from non-retail investors, with bids reaching 3.41 times the shares offered. The Centre will exercise the greenshoe option, potentially raising the stake sale to 6%, with retail bidding opening August 26.
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m.economictimes.com
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%. The sale offers a discount to market price amid…
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thehindubusinessline.com
Centre to sell up to 6% stake in Hindustan Copper
In the concluded financial year FY 2025-26, the company has earned a Profit Before Tax (PBT) of ₹1232.73 Crore against a Net Sales turnover of ₹3054.4 Crore.
