Commodities
Hindustan Copper OFS Opens at ₹514 Floor Price Amid Government Disinvestment Drive
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 base offer size is 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.
The government retains an oversubscription option to sell an additional 2,90,10,721 shares (3% stake) if demand warrants it. The decision to exercise this option will be intimated to the stock exchanges after trading hours on T day.