Hindustan Copper shares in focus as government opens 3% OFS at 10% discount to market price
- Posted on August 25, 2026
- By Business News Today
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- 1 min read
In brief
India's government is reducing its stake in Hindustan Copper Limited through a 3% divestment via open market sale. The offering targets institutional investors first, launching August 25, with retail participation following shortly. Priced at Rs 514 per share—representing a 10% discount to current market valuations—the initiative aims to boost liquidity while maintaining strategic public sector presence. Additional shares may become available if demand exceeds initial allocation targets.
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Hindustan Copper shares in focus as government opens 3% OFS at 10% discount to market price
The government has announced its intention to divest a 3% holding in Hindustan Copper through an offer for sale, commencing for non-retail investors on August 25, with retail options shortly thereafter. The share floor price is pegged at Rs 514, below the closing value. If the offer is met with high demand, an extra 3% may be available.
