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MAZDOCK

The Government of India is set to sell an additional 1.18% stake in

through an oversubscription option, bringing the total stake available to 4.01%. Retail investors will have the opportunity to participate in this offer-for-sale on April 7. Details of the Offer-for-Sale Oversubscription Amount: 47.69 lakh shares (1.18% stake) Base Issue Size: 1.14 crore shares (2.83% stake) Total Stake Available: 4.01% after including the oversubscription Date for Retail Investors: April 7, 2025 Market Response Institutional Interest: Institutional buyers have shown significant interest, with bids worth approximately Rs 3,700 crore for the base issue. Floor Price: The shares are being offered at a floor price of Rs 2,525 per share. Implications for Investors Retail Participation: Retail investors will have a chance to bid, potentially increasing demand and market activity. Investment Opportunity: This offer presents an opportunity for investors to acquire shares in a government-backed entity, which may be perceived as a stable investment.