NALCO Offer for Sale (OFS) Details - Indian IPO Blog

Tuesday, April 18, 2017

NALCO Offer for Sale (OFS) Details

Issue open on: April 19, 2017 (For Non Retail) and April 20, 2017 (Retail category)
Name of the Seller: The President of India, acting through and represented by the Ministry of Mines, Government of India
Number of shares being offered for sale: 
Upto 9,66,46,444 equity shares (Base offer Size) and Upto 9,66,46,444 equity shares (Oversubscription option)
Face Value: Rs.5/- per share
Floor Price: Rs.67/- per share
Reservation portion for Retail: 20%
Discount to Retail: 5% to the cut-off price

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