<h1>Successful PFC Disinvestment: 5% Stake Oversubscribed by 233%, Raising Rs. 3,747 Crores Under New SEBI Rules.</h1> The disinvestment of Power Finance Corporation (PFC) for the fiscal year 2015-16 concluded successfully, with a 5% stake comprising 6,60,02,035 shares offered. Retail investors, who received a 20% discount, showed significant interest, resulting in a 449% oversubscription, amounting to Rs. 1,510 crores. Overall, the issue was oversubscribed by 233%, raising Rs. 3,747 crores. This marked the first disinvestment under new SEBI rules, allowing the notice period to include a banking day. The Government of India's stake in PFC decreased to 67.80%. Institutional investors also showed strong interest, with their portion oversubscribed by 180%, totaling Rs. 2,414 crores.