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Last Updated:July 08, 2026, 6:03 PM IST Under the OFS, existing investors sell part of their holdings to public investors and the company does not receive any proceeds from these share sales. Cult.fit IPO: According to the DRHP, Hrithik Roshan owns 19.01 lakh equity shares, representing about 0.20% of the company’s pre-offer share capital. Cult.fit…
Indian Railway Finance Corporation (IRFC) is back in the spotlight, but this time it is not because of a stock market rally. The government has launched an Offer for Sale (OFS) to offload up to a 2 per cent stake in the railway financing company, a move that could fetch more than Rs 2,300 crore….
Mumbai1 hour ago copy link The government decided to sell its 8% stake in Central Bank of India through Offer for Sale (OFS). The government has fixed the floor price for this OFS at ₹31 per share, which is at a discount of more than 8.5% from the bank’s Thursday closing price of ₹33.94. After…
Mumbai18 minutes ago copy link The government decided to sell its 8% stake in Central Bank of India through Offer for Sale (OFS). The government has fixed the floor price for this OFS at ₹31 per share, which is at a discount of more than 8.5% from the bank’s Thursday closing price of ₹33.94. After…
Mumbai8 minutes ago Copy link The minimum lot of minimum for investment is of 18 shares. For which Rs 14,400 (Rs 800 x 18) is needed. The upcoming IPO of India’s largest depository NSDL is going to prove to be a machine to make money for its shareholders. The company’s institutional investors such as SBI,…
Mumbai1 hour ago copy link Market regulator Securities Exchange Board of India (SEBI) has approved the IPO of National Securities Depository Limited (NSDL). This initial public offer of the country’s largest depository will be completely offer for sale i.e. OFS. According to the Draft Red Herring Prospectus (DRHP), 5.72 crore shares will be sold by…