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government-divestment

LIC OFS Opens at 11% Discount, 6.5% Stake on Sale

The Indian government has launched an OFS to sell up to 6.5% of its LIC stake, opening for non-retail investors on August 4, 2026, at a floor price of Rs 382 per share, about 11% below Monday's close. The discounted offering is likely to pressure LIC shares in the near term as supply increases sharply.

IRFC OFS Opens at Rs 91 Floor Price

The Indian government has launched an OFS in IRFC for non-retail investors on June 29, 2026, with a floor price of Rs 91 per share and up to a 2% stake on offer including the greenshoe option. The sale adds fresh share supply to the market, which could pressure the stock in the near term.

Govt Sells Up to 3% NLC India Stake at 10% Discount

The central government launched an Offer for Sale of up to 3% in NLC India, priced at Rs 303 per share, a 10% discount to the last closing price. The Rs 1,263 crore deal opened for non-retail investors on June 9, 2026, and could pressure the stock short term while improving its free float.

NHPC Shares Fall 5% as Govt Launches Rs 4,300 Crore OFS

NHPC shares dropped nearly 5 percent after the government launched an OFS to sell up to a 6 percent stake at a floor price of Rs 71 per share, an 8 percent discount to the market price. The offer, worth up to Rs 4,300 crore, opened for non-retail investors on Tuesday.

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