The offer for sale from NALCO for 12.88 cr shares with an option to sell an additional 12.88 cr shares at a floor price of Rs 40 received a lukewarm response. The total bids received were for 15.69 cr shares at an indicative price of Rs 40.05. The floor price of Rs 40 was fixed […]
Posts Tagged ‘NALCO’
NALCO – OFS, receives lukewarm response, mere 61% of total issue subscribed
March 16th, 2013
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NALCO – OFS Floor price fixed at Rs 40 – Discount of 10% to closing price
March 15th, 2013
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The floor price of the Offer For sale of NALCO (National Aluminium) has been fixed at Rs 40 against the closing price of Rs 44.25 on the BSE and Rs 44 on the NSE. The share was under pressure since the advertisement for the sale appeared in the newspapers on Thursday morning. The share lost […]
