Govt gets Rs 5,000 crore from NTPC OFS; retail investors disappoint
Government Wednesday raised about Rs 5,030 crore from sale of its 5 percent stake in NTPC, with insurance companies getting almost two-third shares but retail participation was lukewarm amid a free-fall of stock markets.
Feb 24, 2016, 21:07 PM IST
NTPC OFS sees lacklustre retail demand, govt may get Rs 5,000 crore
Government Wednesday moped up nearly Rs 5,030 crore from the sale of its 5 percent stake in NTPC but the retail investor portion remained under-subscribed.
Feb 24, 2016, 19:42 PM IST
NTPC stake sale: Institutional buyers put in Rs 7000-crore bids
The government's 5 percent stake sale in India's largest power producer NTPC got off to a blockbuster start Tuesday with FIIs and institutional buyers alone putting in bids for as much as Rs 7,287 crore, against the total issue size of Rs 5,030 crore.
Feb 23, 2016, 19:45 PM IST
NTPC's rating unaffected by govt's stake sale: Moody's
The government's 5 percent stake sale in NTPC will not impact the rating of the country's largest power producer, Moody's Investors Service said today.
Feb 23, 2016, 15:41 PM IST
NTPC's Rs 5,030-cr stake sale starts under new Sebi norms
The share sale is the first under Sebi's revised offer for sale (OFS) rules that allow the bidding for shares spread over two days.
Feb 23, 2016, 08:50 AM IST
Govt to sell 5% in NTPC on Tuesday at Rs 122, eyes Rs 5,000 crore
The stake sale would be spread over two days with institutional bidders getting the first chance to buy shares Tuesday. Retails investors, for whom 20 percent shares have been reserved, will get to bid on February 24.
Feb 22, 2016, 20:51 PM IST
