• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Govt To Sell 4.9% Stake In SJVN, Share Price Fixed At Rs 69

OMMCOM NEWS by OMMCOM NEWS
September 20, 2023
in Business

New Delhi: The government on Wednesday announced that it plans to sell up to 4.9 per cent stake in power major SJVN via Offer For Sale.

The floor price has been fixed at Rs 69 per share which represents a 16 per cent discount from SJVN’s closing price of Rs 82.1 on Wednesday.

The government will sell up to 2.46 per cent stake in the company as base offer via OFS and has retained an oversubscription option for another 2.46 per cent.

The offer will open on September 21 for non-retail investors and on September 22 for retail investors. The base offer will comprise 9.66 crore shares with a face value of Rs 10 which may be followed up with an additional sale of 9.66 crore as part of a green shoe option.

“Offer for sale in SJVN opens tomorrow for non-retail investors. Retail investors can bid on Friday. Government will divest 4.92 per cent equity including a Green Shoe option of 2.46 per cent,” Secretary, Department of Investment and Public Asset Management posted on X (formerly Twitter).

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Mumbai: Daily Wager From UP Electrocuted On ‘Imlie’ TV Serial Shooting Set

Next Post

NIA Intensifies Campaign Against Khalistani Terrorists, Announces Rewards On 5 BKI Operatives

Related Posts

Business

RBI’s Move To Bolster Rupee Trade Aims To Reduce Dominance Of US Dollar

October 2, 2025
Business

Govt Has Resolved 3,981 GST-Related Consumer Complaints: Pralhad Joshi

October 2, 2025
Business

MSP Hikes For Rabi Crops Show PM Modi Always Works In Our Interest: Farmers

October 2, 2025
Business

Seoul Shares Break 3,500 For 1st Time On Chip Rally

October 2, 2025
Business

LG Energy Solution To Resume Business Trips To US Following Georgia Detention

October 2, 2025
Business

India’s Economy Stays Resilient In April-September Over Robust Consumption, Investments

October 2, 2025
Next Post

NIA Intensifies Campaign Against Khalistani Terrorists, Announces Rewards On 5 BKI Operatives

Amit Shah Hits Back At Rahul Gandhi For His Secretaries OBC Remarks

Women’s Reservation Bill Will Not Be Implemented Even In 2029, Says Sitaram Yechuri

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.