Hindustan Copper Offer for Sale Hits Market with ₹514 Floor Price
The Indian government has announced an Offer for Sale (OFS) of up to 6% equity shares in Hindustan Copper. The bidding process is scheduled to commence on August 25, 2026, with a floor price of ₹514 per share.
The promoter, represented by the President of India through the Ministry of Mines, proposes to sell a base offer size of 2,90,10,721 equity shares, representing 3% of the total issued and paid-up equity capital. This initial tranche will be available exclusively to non-Retail Investors on August 25, 2026 (T day).
The government retains an oversubscription option to sell an additional 2,90,10,721 shares (3% stake) if demand warrants it. The offer will be conducted over two trading days via a separate window on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE):
August 25, 2026 (T day): Open for non-Retail Investors only.
August 26, 2026 (T+1 day): Open for Retail Investors, Employees, and non-Retail Investors carrying forward un-allotted bids.