NTPC OFS may not interest FIIs much: Tulsian
An Empowered Group of Ministers (EGoM) on disinvestment chaired by Finance Minister P Chidambaram today approved the stake sale to be held on February 7. Sources said that price for stake sale is likely to be fixed at Rs 145 per share. This would be a discount of nearly seven per cent to today's closing price of Rs 155.60 apiece on BSE.
"The EGoM has approved 9.5 per cent stake sale in NTPC. The stake sale will be made on February 7," Disinvestment Secretary Ravi Mathur told reporters here today. When asked how much would be raised through the sale, Mathur said, "it would be as planned around Rs 12,000 crore".
He said the floor price, or the minimum offer price, would be notified to the stock exchanges tomorrow. The government plans to sell over 78.32 crore shares or 9.5 per cent stake in NTPC through offer for sale (OFS). It currently holds 84.50 per cent stake in NTPC.
Citigroup, Morgan Stanley, Goldman Sachs, Deutsche Equities, Kotak Securities and SBICAP Securities are the merchant bankers for the stake sale.
The Disinvestment Department recently completed 10 per cent stake sale of the Oil India (OIL) through the auction route raising over Rs 3,141 crore for the government. The government has raised over Rs 10,000 crore though PSU stake sale so far this fiscal. Besides OIL, the government has raised Rs 6,000 crore from stake sale in NMDC, Rs 800 crore from Hindustan Copper and Rs 125 crore from NBCC.
Anda sedang membaca artikel tentang
NTPC stake sale on Feb 7;price likely to be at Rs145 per sh
Dengan url
https://gayafashionshow.blogspot.com/2013/02/ntpc-stake-sale-on-feb-7price-likely-to.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
NTPC stake sale on Feb 7;price likely to be at Rs145 per sh
namun jangan lupa untuk meletakkan link
NTPC stake sale on Feb 7;price likely to be at Rs145 per sh
sebagai sumbernya
0 komentar:
Posting Komentar