Posts Tagged ‘The government has managed to raise Rs 1’

SAIL – OFS completed but at what cost

The offer for sale from Steel Authority Limited of 24.04 cr shares was completed at an indicative price of Rs 63.07 which was marginally higher than the floor price of Rs 63. The issue was bailed out by LIC, SBI and the PSU banks who have made bids for roughly 3/4th of the total shares […]

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