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After the success of the share sales worth Rs 900 crore on Wednesday, market has been hit by yet another round of share-sales worth the same amount on Thursday. Nine companies have gone on the floor with their respective offer for sale (OFS) issues to achieve 25% minimum public shareholding. Some of the big names which launched their OFS on Thursday include Jet Airways, Adani Enterprises, Essar Shipping, Tata Teleservices among others.
The floor price of Jet Airways as Rs 510 per share, while its indicative price is Rs 510.06 per share. Novartis India's floor price was fixed at Rs 375, while its indicative price of Rs 418.06 per share. Adani Enterprises' floor price is Rs 227 per share and the indicative price is Rs 228.24 per share.
Essar Shipping saw its floor price fixed at Rs 19.50 per share and its indicative price at Rs 19.56 per share. Essar Ports' floor price was Rs77 per share as against an indicative price of Rs 79.94.
For Tata Teleservices, the floor price was Rs 7.60 per share, while the indicative price was Rs 7.65 per share. RDB Realty & Infrastructure's indicative price has been set at Rs 16.52 per share as against a floor price of Rs 16 per share. Saint-Gobain has a floor price of Rs 10 per share while the indicative price of Rs 10.76 per share.
The BSE Sensex was trading at 20,168, up 0.1%. The NSE Nifty was trading at 6109, up 0.08%.
