TaxTMI 
TaxTMI 
Rashtriya Chemicals Retail portion oversubscribed by 5.62 times while Non Retail portion by 2.14 times.
X X X X Extracts X X X X
X X X X Extracts X X X X
....ashtriya Chemicals Retail portion oversubscribed by 5.62 times while Non Retail portion by 2.14 times. <br>News and Press Release<br>Dated:- 1-7-2017<br><BR>The retail portion of Rashtriya Chemicals &....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Fertilizers Ltd (RCFL) OFS got thumbs-up from retail investors. Against the 20% portion amounting to ₹ 40.96 cr reserved for retail investors, the total bids of ₹ 237.28 crore has been re....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ceived, thus the retail portion got oversubscribed approximately by 5.62 times. The Non Retail portion of the OFS opened on 29th June, 2017. Total subscription of ₹ 350.62 crore has been receiv....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ed against shares for value of ₹ 163.85 crore at floor price and oversubscribed by 2.14 times. Overall, RCFL OFS for 5% divestment for equity shares of 27,584,405 amounting to ₹ 204.81 cr....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ore at the floor price of ₹ 74.25 per share, received a total demand for 7,82,00,420 equity shares amounting to ₹ 587.9 crore. Therefore, the OFS of RCFL over-subscribed by 2.83 times. Th....
X X X X Extracts X X X X
X X X X Extracts X X X X
....is is the 2nd CPSE OFS in the current financial year, and Government is likely to get ₹ 203 crore approximately. The Government shareholding in RCFL after this OFS will come down to 75%.<BR> New....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s - Press release - PIB....