The Government of India is offering to divest 3% of its equity in Hindustan Copper Limited through an Offer for Sale (OFS), with a further 3% available under a green shoe option if the offering is oversubscribed.
OFS floor price
The offer will open at a floor price of ₹514 per share.
Hindustan Copper Limited is a Government of India enterprise. The available details also state that 10% of the offer is reserved, although the supplied material does not specify the reservation category or additional terms.
