NLC India Stake Sale

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Stocks to Watch on March 7: The government will sell up to 7 per cent stake in NLC India through an offer for sale (OFS) to raise up to Rs 2,100 crore

Updated On: 07 Mar 2024 | 7:58 AM IST

Govt to sell up to 7% stake in coal miner NLC India this week: Report

Government is selling over 9.7 crore shares at a floor price of Rs 212 apiece. If fully subscribed, including the green shoe option, the share sale would fetch about Rs 2,000 crore to the exchequer

Updated On: 06 Mar 2024 | 10:43 PM IST

NLC India's 5% stake sale subscribed 2.1 times, govt set to raise Rs 750 cr

The stake sale is part of the govt's efforts to raise a total of Rs 72,500 cr in FY18

Updated On: 26 Oct 2017 | 10:42 PM IST

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Govt raises Rs 710 cr by divesting 5% in NLC India

Offer for sale of 76.4 mn shares saw bids for 165 mn shares

Updated On: 26 Oct 2017 | 5:40 PM IST