Government Sells 3% NLC India Stake via OFS
OFS
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
9th Jun 2026
Offer Details
- Seller: President of India acting through Ministry of Coal, Government of India (Promoter)
- Total Offer Size: 4,15,99,098 equity shares (3.00% of total paid-up equity share capital as of March 31, 2026)
- Face Value: ₹10 per share
- Base Offer Size: 2,77,32,732 equity shares (2.00% of paid-up equity)
- Oversubscription Option Exercised: 1,38,66,366 equity shares (1.00% of paid-up equity)
- Settlement: To be done as per existing rules of secondary market transactions
Offer Structure and Timeline
- T Day (June 9, 2026): Non-Retail Investors only
- T+1 Day (June 10, 2026): Retail Investors and non-Retail Investors carrying forward un-allotted bids from T Day
- Retail Reservation: 41,59,911 equity shares (10% of total offer size) reserved for Retail Category on T+1 Day
Employee Offer
- Employee Quota: Up to 25,000 equity shares for eligible employees of the Company
- Application Limit: Employees may apply for equity shares up to ₹500,000
- Priority Allocation: Bids will be considered for allocation up to ₹200,000 first
- Compliance: Employee offer conducted in accordance with OFS guidelines