Hat Trick! Coal India OFS oversubscribed yet again, govt may get over Rs 4,100 crore
The government’s offer for sale (OFS) in Coal India Ltd has been successful, with strong response from institutional and retail investors. The OFS for retail investors was fully subscribed and institutional investors were allocated shares at Rs 226 per share. The government held 66.13% stake in the world’s largest coal company but announced the intention to sell 3% as part of its disinvestment plan earlier this week
