Read more about SAIL OFS oversubscribed 3.6 times on day one; govt to use greenshoe option on Business Standard. The government s sale of its 5 per cent shareholding in India s largest steelmaker SAIL was over-subscribed 3.6 times on the first day of its opening
SAIL OFS over-subscribed 3.6 times on day one; govt to exercise greenshoe option
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Last Updated: Jan 14, 2021, 08:11 PM IST
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Enthused by the response, the government decided to exercise the greenshoe option of another 20.65 crore shares or 5 per cent of the total equity.
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Over 74.74 crore shares were sought by non-retail investors at the close of trading hours, stock exchange data showed.
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SAIL was over-subscribed 3.6 times on the first day of its opening on Thursday.
Enthused by the response, the government decided to exercise the greenshoe option of another 20.65 crore shares or 5 per cent of the total equity.
Read more about Petrol touches new high of Rs 84.45 in Delhi, crosses Rs 91-mark in Mumbai on Business Standard. Petrol price on Wednesday touched a new high of Rs 84.45 per litre in the national capital after state-owned fuel retailers hiked prices after a five-day hiatus
Petrol price on Wednesday crossed Rs 91 for a litre in Mumbai after remaining unchanged for five days. On the other hand, diesel is priced at a record high in the financial capital of the country at Rs 81.34.