SJVN OFS gets overwhelming response from non-retail investors, issue subscribed 139%
The government’s offer for sale (OFS) of 4.9% stake in SJVN has received an overwhelming response from institutional investors, as the portion set aside for them was oversubscribed. As of 2 PM on Thursday, the government received bids for 12.13 crore shares, against 8.70 crore shares on offer, data on the BSE showed. The offer … Read more