Central Bank of India 8% OFS by Government of India

Government of India offers up to 8% stake in Central Bank of India via OFS to meet MPS norms.
Base offer of 36.21 crore shares (4%) at ₹31 floor price, with equal oversubscription option.
Separate bidding days for non-retail (May 22) and retail/employees (May 25) investors.
Allocation includes 25% reservation for mutual funds/insurers and 10% for retail investors.