offer for sale

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    Coal India Subsidiary Sees Significant Dip After IPO

    New Delhi, March 30 Shares of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, closed on Monday with a discount of over 10 percent against the issue price of ₹172.The stock started trading at ₹162.80, down 5.34 percent from the issue price on the BSE...
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    Coal India Subsidiary Lists at Discount

    New Delhi, March 30 Shares of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, listed on Monday at a discount of nearly 7 per cent against the issue price of Rs 172.The stock began trading at Rs 162.80, down 5.34 per cent from the issue price on the BSE...
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    Railway Component Maker IPO Plans Proceed

    New Delhi, March 30 Pioneer Fil-Med Ltd, a manufacturer of railway components, has filed draft papers with the market regulator, Sebi, to raise ₹500 crore through an Initial Public Offering (IPO).The proposed issue includes a fresh issuance of equity shares worth ₹250 crore and an Offer for...
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    CIL Approves Divestment of SECL and MCL Shares

    New Delhi, March 23 The Coal India board gave the go-ahead on Monday for divesting up to 25 per cent of its stake in the subsidiary, South Eastern Coalfields Ltd (SECL), through an Offer for Sale (OFS), along with a fresh issuance of up to 10 per cent equity through an initial public offer or...
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    Sebi Approves SBI Funds Management IPO

    New Delhi, March 19 SBI Funds Management filed preliminary papers with the capital markets regulator, Sebi, on Thursday, seeking to raise funds through an initial public offering (IPO).According to the draft red herring prospectus (DRHP), the company's maiden public offering is entirely an...
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    InvIT Conversion: Cube Highways Plans ₹5,000 Cr Offer

    New Delhi, March 18 Cube Highways Trust, an infrastructure investment trust (InvIT), has filed preliminary papers with the markets regulator, Sebi, to raise ₹5,000 crore through its initial public offering (IPO).The proposed IPO is entirely an Offer-for-Sale (OFS), where its existing...
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    Innovision IPO Closes with Partial Subscription

    New Delhi, March 17 The initial public offer of manpower and toll plaza management services provider Innovision Ltd was subscribed 3.32 times on the final day of the share sale on Tuesday.Innovision Ltd had last week extended the closing date of its initial public offering (IPO) to March 17...
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    IPO Details: CMPDIL’s Rs 1,842-cr Offering

    New Delhi, March 16 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Monday that its initial public offering (IPO), worth Rs 1,842 crore, will open for subscription on March 20.The price band has been set at Rs 163 to Rs 172 per...
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    IPO Details: CMPDIL’s Public Offering

    New Delhi, March 13 – Coal India's Central Mine Planning and Design Institute (CMPDIL), a state-owned entity, is preparing to launch its Initial Public Offering (IPO) on March 20.The company's first public offering will conclude on March 24, while bidding for anchor investors will take place...
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    Promoters Aim to Meet Shareholding Norms

    Mumbai, March 12 Hazel Infra, the promoter entity of shipbuilder Swan Defence and Heavy Industries, is planning to sell its stake in the company through an offer for sale (OFS) next week, according to sources familiar with the development on Thursday.The share sale, which comes amid volatile...
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    IRFC Shares Fall as OFS Sees Limited Investor Interest

    New Delhi, February 26 The government's offer to sell 2% of its stake in Indian Railway Finance Corporation Ltd (IRFC) failed to attract full subscription on its final day, with both retail and institutional investors showing lukewarm response to the offer for sale (OFS).On February 24, the...
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    IRFC Share Price Drops as OFS Subscription Exceeds Expectations

    New Delhi, February 25 The government's offer to sell 2% of its stake in Indian Railway Finance Corporation Ltd (IRFC) failed to attract full subscription from institutional investors on Wednesday.Institutional investors placed bids for over 22.34 crore shares of IRFC, which represents 94.98%...
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    Government's IRFC Stake Sale Partially Subscribed by Institutions

    New Delhi, February 25 The government's offer to sell 2% of its stake in Indian Railway Finance Corporation Ltd (IRFC) received a lukewarm response from institutional investors on Wednesday, as the issue failed to achieve full subscription.As of 3:30 PM, institutional investors placed bids for...
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    India's Government Divests in IRFC Through Offer for Sale

    New Delhi, February 24 The government will divest up to 4% stake in state-owned Indian Railway Finance Corporation Ltd (IRFC) through an Offer for Sale (OFS) starting on Wednesday.The government has fixed the floor price of Rs 104.00 per equity share for the OFS, IRFC said in a regulatory...
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    BHEL Share Sale Sees Strong Retail and Institutional Demand

    New Delhi, February 12 The government's 5 per cent stake sale in BHEL closed with 1.34 times over-subscription after receiving enthusiastic response from retail and institutional investors."The second day of the offer for sale (OFS) of Bharat Heavy Electricals Limited closed with enthusiastic...
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    BHEL OFS Oversubscribed: Institutional Investors Drive Demand

    New Delhi, February 11 The government's sale of shares in BHEL was oversubscribed by more than twice the amount on Wednesday, with institutional investors placing bids worth over ₹5,650 crore on the first day of the sale.The government has decided to exercise the green shoe option in the Offer...
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    OFS Sale: BHEL Stock Plunges 6% Amidst Government Divestment

    New Delhi, February 11 Shares of Bharat Heavy Electricals Ltd (BHEL) plunged 6 per cent on Wednesday after the government announced plans to sell up to a 5 per cent stake in the state-owned company via a sale offer.The stock fell 6.10 per cent to Rs 259.25 per share on the NSE.On the BSE...
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    Government Divests Equity in Bharat Heavy Electricals Ltd

    New Delhi, February 11 Shares of Bharat Heavy Electricals Ltd (BHEL) fell by over 6 per cent on Wednesday, as the government's Offer For Sale (OFS) opened for subscription.The issue was subscribed to 5.11 per cent by 11:50 am.Institutional investors placed bids for over 48.08 lakh shares...
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    Bonfiglioli Transmissions Plans IPO to Raise Over Rs 2,000 Crore

    New Delhi, February 10 Bonfiglioli Transmissions, the Indian subsidiary of the Italy-based Bonfiglioli Group, has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO). Sources familiar with the matter estimate the issue size...
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