Indian IPO Blog: Upcoming OFS
Showing posts with label Upcoming OFS. Show all posts
Showing posts with label Upcoming OFS. Show all posts

Wednesday, August 2, 2017

Hindustan Copper Offer for Sale (OFS) - Official NSDL Announcement

August 02, 2017 0
Hindustan Copper Offer for Sale (OFS) - Official NSDL Announcement
Name of Seller
The President of India, acting through and represented by the Ministry of Mines,Government of India

Name of Company whose shares are proposed to be sold
Hindustan Copper Limited
(ISIN:INE531E01026)

Name of stock exchanges where orders shall be placed
NSE and BSE

Date and time of the opening of the offer for retail investors
August 3, 2017 at 9.15 a.m.

Date and time of the closing of the offer for retail investors
August 3, 2017 at 3.30 p.m.

Date and time of the opening of the offer for non-retail investors
August 2, 2017 at 9.15 a.m.

Date and time of the closing of the offer for non-retail investors:
August 2, 2017 at 3.30 p.m.

Floor Price
Rs. 64.75 per share

Retail Discount
Retail Investors will be allocated Offer Shares at the Discounted Price i.e. at a discount of 5% to the Cut-Off Price in accordance with the SEBI OFS circulars. The Discounted Price, which shall be the final allocation price to the Retail Investors, may be below the Floor Price

Monday, January 23, 2017

MOIL to come up with Offer for Sale (OFS)

January 23, 2017 0
MOIL to come up with Offer for Sale (OFS)
MOIL Limited is coming up with an offer for sale for equity shares

The details of the MOIL OFS given below:

OFS Dates:
The OFS issue will be held on
(1) Tuesday, January 24, 2017 from 09:15 to 15:30 – For Non Retail Bids
(2) Wednesday, January 25, 2017 from 09:15 to 15:30 – For Retail Bids & Non – Retail Carry Forward Bids (Unallocated Non-Retail Bids)

Issue Size:
1,33,18,780 Equity shares

Issue Details:
- Retail Reservation: 20% of the Issue Size
- Retail Discount : 5% on Cutoff Price
- Allocation Methodology: Price Priority basis
- Floor Price: Rs.365.00
- Current market price (Jan 23, 2017): Rs.382.70