https://www.taxtmi.com/news?id=19353 Government divested 2.52% of paid-up capital in NMDC via an Offer for Sale (OFS), reducing its shareholding from 74.94% to 72.42%. The OFS attracted foreign and domestic institutional investors and mutual funds, was offered at a base issue size with a floor price, and was oversubscribed multiple times. A retail portion was provided with a discount on the cut-off price to encourage individual participation and saw substantial oversubscription. en-us Wed, 10 Jan 2018 18:55:14 +0530 Wed, 10 Jan 2018 18:55:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19353 Government divested 2.52% of paid-up capital in NMDC via an Offer for Sale (OFS), reducing its shareholding from 74.94% to 72.42%. The OFS attracted foreign and domestic institutional investors and mutual funds, was offered at a base issue size with a floor price, and was oversubscribed multiple times. A retail portion was provided with a discount on the cut-off price to encourage individual participation and saw substantial oversubscription. News - Wed, 10 Jan 2018 18:55:14 +0530 https://www.taxtmi.com/news?id=19353