OFS News

Markets

India’s IPO Rush: 336 companies go public in Samvat 2080, dominated by SMEs

Amid strong interest from retail investors, 336 companies have made their stock market debuts in Samvat 2080, with 248, or 74%, coming from the SME segment. Nearly 100 of these IPOs have launched with listing gains exceeding 50%. 163 IPOs are currently trading above their issue prices.

5 min read1 Nov 2024
Markets

Cochin Shipyard share price dips 5% as government looks to sell stake worth ₹2,026 crore via OFS

Cochin Shipyard OFS: Cochin Shipyard share price took a hit on Wednesday, October 16, after the government announced plans to divest a 5% stake in the company through an offer for sale (OFS).

2 min read16 Oct 2024
Markets

Hindustan Zinc crashes 8% as Vedanta raises stake for sale via OFS to 3.17%

Hindustan Zinc shares fell nearly 8% as Vedanta increased its stake sale through an Offer for Sale (OFS). The OFS is priced at ₹486 per share and aims to raise ₹6,500 crore. Retail investors can participate on Monday.

2 min read16 Aug 2024

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