Share Sale

NHPC share sale subscribed 1.5 times

State-owned hydropower producer NHPC Ltd's $421 million share sale was subscribed 1.5 times at 1235 India time on Wednesday, according to stock exchange data.

Economy reviving, experts see enough appetite for Rs 50,000 cr PSU share sale

In the last six years, the government has been able to meet only 64 percent of its stake sale target

SBI's share sale to raise up to Rs 15,000 cr may be pushed to June

The share sale would happen via the "fast track" follow-on offering route, said the sources. Under the fast-track process, select large companies are exempted from complying with the market regulator's disclosure and filing requirements.

HDFC Bank launches share offer in US, India to raise up to $1.6 bn

HDFC Bank, India's largest lender by market value, launched a share offer in the United States and India on Wednesday to raise up to $1.6 billion.

Divestment on fast-track: Govt to sell 10% in Coal India for Rs 24,000 cr on Jan 30

Coal, Coal India, Share Sale, Coal India Limited, investment in India, Indian Industries

SBI's Rs 15,000 cr share sale: Other public banks too should make hay while market shines

This is a wake up call for other state-run banks too to begin tapping the fresh investor appetite before the market gets crowded by a series of similar issues

State Bank of India to raise up to $1.5 bn via share sale

State Bank of India, the country's largest lender, will raise up to Rs 9576 crore ($1.53 billion) through a share sale to institutional investors or a follow-on public offer, it said in a statement late on Friday.

STC share sale fully subscribed, ITDC gets only 57% before mkt close

The government divested 1.02 percent, or 6.13 lakh shares, in STC at a base price of Rs 74 a piece. At the indicative price, the average price at which bids<br /><br /> came in, of Rs 74.01 a share, the disinvestment would fetch around Rs 4.54 crore to the exchequer.

Facebook's Sandberg sells $7.4 mn in stock

Sandberg netted about $7.44 million by selling roughly 353,000 Facebook shares on Wednesday, according to a filing with the SEC on Friday. Sandberg still owns 18.1 million vested shares of Facebook stock, according to the filing.

Adani Power Rs 3.55 crore share sale offer oversubscribed

The offer to sell 3.55 crore shares of Adani Power by promoter entity Adani Agro was oversubscribed today.