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Govt to sell up to 1.5% stake in state-run ONGC to raise ₹3,000 crore
short by Hiral Goyal / on Tuesday, 29 March, 2022
The government will sell up to 1.5% stake in state-run Oil and Natural Gas Corporation (ONGC) through an offer for sale (OFS) to raise up to ₹3,000 crore. The government plans to sell 18.87 crore shares at a floor price of ₹159 apiece. The OFS will open on March 30 and March 31 for non-retail investors and retail investors, respectively.
read more at Financial Express