NMDC has announced OFS that start on 06 July 2021 for non-retail and ends on 07 July for retail investors. The offer for sale floor price at ₹165. The closing price of the NMDC on 05 July 2021 is ₹175.25 so it will be 5.7% discount offered for the investors.
NMDC OFS Details:
|OFS Open:|| 06 July 2021 (Non-Retail)
|OFS Close:|| 07 July 2021 (Retail)
|OFS Floor Price:|| ₹165 per equity share
|Closing Price:|| ₹175.25 as on 05 July 2021
|OFS Discount:||5.7% on closing price|
|Base Size:|| 11.72 Crore Equity Shares
|Green Shoe Size:||10.23 Crore Equity Shares|
|Total Size:||21.95 Crore Equity Shares|
The President of India acting through and represented by the Ministry of Steel has submitted to the Exchange, an announcement with respect to offer for sale through Stock Exchange Mechanism for sale up to 11,72,24,234 Equity shares of face value of ₹1 each of NMDC Limited. Date and time of the opening of the offer for Non-Retail Investors: July 06, 2021 at 9:15 a.m. Date and time of the closing of the offer for Non-Retail Investors: July 06, 2021 at 3:30 p.m. Date and time of the opening of the offer for Retail Investors: July 07, 2021 at 9:15 a.m. Date and time of the closing of the offer for Retail Investors: July 07, 2021 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be ₹165 (Rupees One hundred and Sixty-Five only) per equity share.
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