Govt to sell up to 6% stake in Hindustan Copper via OFS, floor price Rs 514
- Posted on August 24, 2026
- By Financial Express
- 1 Views
- 1 min read
In brief
India's government launches a significant divestment strategy, offering approximately 6% equity stake in Hindustan Copper Limited through an open offer for sale mechanism. The two-day bidding window commences August 25, with a predetermined floor valuation of Rs 514 per share. This capital markets initiative reserves dedicated allocation quotas for retail participants, company workforce, and institutional investment funds, reflecting a balanced approach to public shareholding participation.
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Govt to sell up to 6% stake in Hindustan Copper via OFS, floor price Rs 514
The Centre will sell up to 6% shares of Hindustan Copper Ltd starting August 25 through a two-day offer for sale at a floor price of Rs 514 per share, with allocations reserved for retail investors, employees and funds.
