Companies looking to go public in FY27 are likely to pivot from debt repayment and high offer-for-sale (OFS) components towards increased greenfield capex in their fundraises, boosting fresh equity for factories, machinery and capacity expansion, multiple dealmakers told Mint. “We anticipate 10-20% rise in capex allocation in DRHPs (draft red her prospectingus) for these sectors…
BHEL: A big update is coming out regarding BHEL, which is included among the Maharatna PSUs of the country. According to ET NOW Digital, the government Offer-for-Sale (OFS) through BHEL Has announced to sell 3% stake. In which there is an option to sell another 2 percent at the floor price of Rs 254 per…
Large numbers like these often unsettled investors. But seasoned market participants know that transaction promoters need context. Not every sale signals distress. Even as overall promoter holdings across listed companies have trended lower, a quieter and more telling counter-trend has emerged. Some promoters have been buying shares from the open market, signaling conviction in their…
Indian Overseas Bank: Indian Overseas Bank There is big news related to. According to ET NOW Digital, the government will sell 38.51 crore shares of the bank through OFS. Bank at floor price of ₹34/share OFS It will open for non-retail investors on December 17 and for retail investors on December 18. The government can…
