Bharat 22 Etf
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Govt may launch exchange traded fund of PSU bank stocks next fiscal
•The finance ministry is mulling launching an exchange-traded fund consisting of PSU bank stocks in the next financial year
Finance ministry eyes Rs 8,000 cr through CPSE exchange-traded fund, issue likely by November-end
•This would be the fourth tranche of the CPSE ETF, which comprises shares of 10 bluechip companies.
Bharat-22 ETF: Anchor investors put in Rs 5,163 cr bids, subscribe 3.44 times
•The government on Tuesday launched the follow-on fund offer (FFO) of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies, to raise up to Rs 8,400 crore from the market
Second tranche of Bharat-22 ETF on 19 June; government to get up to Rs 8,400 cr
•The issue will open for anchor investors on 19 June and for other institutional and retail investors the next day
Bharat 22 ETF: Govt raises Rs 14,500 cr; fund sees Rs 32,000 cr bids, so far Rs 52,000 cr garnered via divestment
•In Bharat 22 ETF, as much as 25 percent of total issue size, or Rs 2,000 crore, was reserved for anchor investors who put in bids worth about Rs 12,000 crore
Bharat 22 ETF opened on bourses: Arun Jaitley says 6 core sectoral companies make index diversified
Fp Staff •In Bharat 22 ETF, shares of government companies represent 6 core sectors of economy
Bharat 22 ETF to debut on Tuesday; aims to raise Rs 8,000 cr, to be part of Rs 72,500 cr divestment plan
•Bharat 22 ETF is a part of government's overall disinvestment programme which seeks to raise Rs 72,500 crore