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IRCON OFS
Government to sell additional 1% stake in NHPC as OFS gets overwhelming responseOn Wednesday, the government announced plans to sell 251,125,870 shares, representing a 2.5% stake in NHPC, and set the floor price at Rs 6...- Govt to sell 2.5% stake in NHPC via OFS; floor price set at Rs 66/shareThe government proposes to sell an additional 100,450,348 shares, representing 1% of the total paid up capital of the company, in case of a...
- Institutional buyers over-subscribe IRCON share sale, put in bids worth Rs 2,400 crSo far in the current fiscal, the government has raised Rs 8,859 crore by selling minority stake in CPSEs. The budget has set a target of R...
- IRCON International shares tank over 8% as govt launches OFS to sell up to 8% stakeUnder the OFS, the government will offload about 3.76 crore shares, which represents a 4% stake through the OFS, and in the case of oversub...
- Stocks in news: IRCON, IDFC First Bank, Adani Ports, Network18, PaytmThe union government has proposed to sell 8% equity in IRCON International through an offer for sale (OFS), which opens today.
- Govt to sell 8% stake in IRCON International through OFSThe government will offload about 3.76 crore shares, which represents 4% stake through the OFS, and in the case of oversubscription, an add...
- Jewels in govt crown give returns of up to 500% on OFS betsOFS in state firms returned between 25 and 500% in 11 companies of the 17 in which New Delhi chose this route to dilute ownership. Only one...
- Institutional bids in IRCTC OFS strong; is it worth buying for retail investors?The government received bids for 5,55,10,454 shares in the OFS from institutional investors against the offer size of 1,80,00,000 for the c...
- IRCON International shares extend losses on government stake sale planOn BSE, the scrip opened on a weak note at Rs 90, then fell further to Rs 89.40.
- Retail investors can subscribe to OFS of Ircon International: AnalystsThe stock is trading at a Price to Earnings (PE) ratio of 6.7 times its FY23 estimated earnings compared to an average of 8.5 times since i...
- Stocks in the news: Adani Ports, IOC, Ircon, Mazagon Dock, GE Shipping and AirtelIndian Oil plans to monetise its hydrogen-producing facilities to raise about Rs 10,000 crore.
- Market movers: What led to selling in IRCON; 42 stocks flash sell signalOver 340 stocks hit their 52 week highs on Wednesday. Vedanta, Tata Steel, Tata Power, Tata Motors, Piramal Enterprises, NTPC, NMDC, Mother...
- Ircon International shares plunge 7% as two-day OFS kicks offThe stock fell as the floor price of Rs 88 came in at a 10.06 per cent discount to Tuesday's closing price of Rs 97.85 on BSE.
- Stocks in the news: YES Bank, Ircon, Bank of Baroda, Ion Exchange & Indian BankJhunjhunwala and his firm Rare Investments offloaded shares worth nearly Rs 65 crore in Ion Exchange India, through open market transaction...
- Govt to sell 16% stake in IRCON to raise about Rs 662 croreThe base offer is for 10 per cent share sale while the green shoes offer is 6 per cent. The government holds 89.18 per cent stake in IRCON.
- Govt plans to sell up to 15% stake in IRCON InternationalThe government currently holds 89.18 per cent stake in IRCON International Ltd.
- Ircon eyes railway projects in Malaysia, BangladeshThe engineering and construction company under the railway ministry recently bagged a project for upgradation of railways in Sri Lanka.
- Ircon International IPO fully subscribed on Day 2The offer for sale (OFS) received bids for 42,24,090 shares compared with the total issue of 9,905,157 shares.
- Government plans to sell stake in public sector enterprises, including Concor and IRCONThe finance ministry is set to propose a stake sale in public sector enterprises, including Concor and IRCON administered by the railways m...
- India's longest tunnel will be ready by 2012The rail link between Kashmir and rest of the country will be completed by Dec '12 once India's longest tunnel at 11 km - is constructed wi...
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