Page 2 - Ofs Norms

Patanjali Foods' OFS oversubscribed 1.8x; firm rules out greenshoe option

"We wish to intimate the exchanges of our intention not to exercise the oversubscription option." Patanjali Foods said

Patanjali Foods freezes at 5% lower limit as promoters pare stake via OFS

The floor price for the 'Offer for Sale' was fixed at Rs 1,000 per equity share; and the offer will be on July 13 and 14.

Manyavar's OFS fully subscribed, garners nearly 1.4 times more bids

The floor price for the OFS has been set at Rs 1,161

Govt plans to sell 3.5% stake in Hindustan Aeronautics through OFS

The government owns 75 per cent in the public sector aerospace and defence business

Regulator Sebi brings OFS framework 2.0, allows exit to non-promoters

The OFS mechanism will also be available to companies with a market capitalisation of Rs 1,000 crore, Sebi said

Centre to sell up to 5% stake in IRCTC via OFS to garner Rs 2,720 crore

Floor price fixed at Rs 680/share, an over 7% discount to Wednesday closing price

Tracxn Technologies garners Rs 139 crore from anchor investors

The company's Initial Public Offering (IPO) will be entirely an Offer For Sale (OFS) of 38,672,208 equity shares by promoters and investors

'Offer for sale' mechanism to get mega boost as Sebi relaxes norms

Among other things, the cooling-off period required between two OFSs has been reduced to as less as two weeks from 12 weeks at present

Agrochem firm Hemani Industries files draft papers for Rs 2,000-cr IPO

The IPO will comprise fresh issue of equity shares aggregating up to Rs 500 cr and an Offer For Sale of equity shares worth up to Rs 1,500 cr by its promoters

Macleods Pharma files DRHP for second largest IPO by drug co at Rs 5,000 cr

It is entirely an offer for sale or OFS, company won't receive any of the proceeds

Policybazaar's Rs 5.8k-crore IPO to open on Monday: Check details here

The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders

Hindustan Copper OFS over-subscribed; institutions bid for Rs 700 cr shares

The government's up to 10 per cent stake sale in Hindustan Copper got off to a good start on Thursday with institutional investors putting in bids of over Rs 700 crore.

Sebi puts Gemini Edibles & Fats India's Rs 2,500-crore IPO in 'abeyance'

Without disclosing the reason, Sebi said "issuance of observations kept in abeyance" with regard to the IPO of Gemini Edibles & Fats India according to an update on the Sebi's website as of August 20

Why it is not so easy for a retail investor to make money in an IPO

Allotment could be low, and expected listing-day gains can quickly morph into losses if sentiment takes a turn for the worse

Axis Bank OFS retail book of 5.8 mn shares receives just 28% subscription

Unsubscribed portion of the OFS will be allotted to non-retail investors

Axis Bank's OFS opens for retail investors today. Should you subscribe?

Nearly all the brokerages retained their 'buy' calls on the stock post results with target prices as high as Rs 925

RIL to pare stake in Hathway Cable; to launch Rs 442-crore OFS on April 26

Sebi rules prescribe that promoters cannot hold more than 75 per cent in a company

Centre may sell stake in Rail Vikas Nigam through OFS this month

In October 2020, the government had announced it would sell its 15 per cent stake in the company

Tata Comm OFS: Bids placed for 56 mn shares against 46 mn on the block

The government owns a 26 per cent stake in Tata Communications

Sensex ends 92 pts higher, Nifty near 14,600; SAIL tanks 10%, HAL up 9%

Stock market LIVE updates: The Nifty sectoral indices were mixed, with gains in Nifty Pharma and Nifty FMCG indexes, up 0.8% and 0.7%, respectively being offset by losses in Nifty Metal, down 1%