<h1>India Sells 7% Stake in Hindustan Copper Limited via OFS, Raising Rs. 400 Crore; Non-Retail Oversubscribed 1.56 Times.</h1> The Government of India successfully sold a 7% stake in Hindustan Copper Limited, a company under the Ministry of Mines, through an Offer for Sale (OFS) route. This disinvestment involved offering 6,47,65,260 shares at a floor price of Rs. 62 per share. The non-retail category was oversubscribed by 1.56 times, and the entire issue was fully subscribed. The government will receive approximately Rs. 400 crore from this transaction. Hindustan Copper Limited is a vertically integrated entity in the mining and metal sector, with the government retaining a significant ownership stake of 89.95% prior to this sale.