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EIL share sale subscribed 1.61 times

Last Updated: Tuesday, February 11, 2014, 23:31

The government's 10 percent share sale in Engineers India Ltd (EIL) was subscribed 1.61 times on fourth day Tuesday with the portion reserved for retail investors getting fully bid.

Engineers India FPO gets lukewarm response on Day 1

Last Updated: Thursday, February 06, 2014, 12:10

Government's 10 percent share sale in Engineers India through follow-on-public offer route received lukewarm response on the first day of issue today.

Engineers India FPO to hit market on Feb 6

Last Updated: Tuesday, February 04, 2014, 11:16

The follow-on public offer (FPO) of Engineers India Ltd (EIL) will hit the capital market on February 6, a top official said.

Indian Oil, EIL disinvestment in January: Arvind Mayaram

Last Updated: Tuesday, January 07, 2014, 15:48

The government plans to sell stakes in Indian Oil Corporation and Engineers India Ltd this month and in BHEL in February as it rushes to meet its disinvestment target of Rs 40,000 crore.

EIL files draft prospectus with Sebi to sell 10% stake via FPO

Last Updated: Friday, July 12, 2013, 21:48

State-run Engineers India Ltd (EIL) Friday filed a draft prospectus with market regulator Sebi to divest 10 percent stake through Follow-on Public Offer (FPO), which may fetch Rs 470 crore to the exchequer.

EIL secures business worth Rs 1,438 cr

Last Updated: Tuesday, April 23, 2013, 19:36

"Consultancy business segment has shown a substantial growth of over 106 percent from Rs 629 crore in 2011-12 to Rs 1,296 crore in 2012-13, which includes Rs 140 crore from the overseas market," the company said in a statement here.

Govt initiates process for EIL stake sale; to fetch Rs 520 cr

Last Updated: Monday, April 15, 2013, 19:13

The government plans to disinvest 10 percent stake, or 3.36 crore shares of EIL through Further Public Offering (FPO) in the domestic market.

Govt approves 10% stake sale in EIL, hopes to raise Rs 800 crore

Last Updated: Thursday, January 10, 2013, 15:01

The government on Thursday approved 10 percent stake sale in Engineers India Ltd (EIL), which may fetch the government around Rs 800 crore.

Govt may take up EIL stake sale, SIL revival proposals Thursday

Last Updated: Wednesday, January 09, 2013, 23:25

The government is expected to consider on Thursday proposals for 10 percent stake sale in Engineers India Ltd, which may fetch around Rs 645 crore to the exchequer, and a revival package for sick PSU Scooters India Ltd.

EIL bags FEED for Mangala Polymer Project of Cairn

Last Updated: Friday, August 10, 2012, 15:49

State-owned Engineers India Ltd on Friday said it has bagged a consultancy service contract from Cairn Energy India Pty Ltd for its enhanced oil recovery project for Mangala oil field in the prolific Rajasthan block.

Government to accord Navratna tag to Engineers India

Last Updated: Sunday, September 25, 2011, 14:28

The government is likely to accord the coveted Navratna status to Engineers India Ltd (EIL), which will provide the company greater operational autonomy.