Comments
The offer-for-sale of NTPC will open on Tuesday for non-retail investors and on Wednesday for retail investors. The Centre plans to sell 41.22 crore shares; the floor price has been set at ₹168. The issue also has an option to sell up to 41.22 crore shares (over-subscription). Retail investors will get 5 per cent discount on the cut-off price. A further 5 per cent equity sold pursuant to the offer (above offer size) may be offered to willing employees at 5 per cent discount to the cut-off price.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.