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Govt gets Rs 5,000 crore from NTPC OFS; retail investors disappoint

Govt gets Rs 5,000 crore from NTPC OFS; retail investors disappoint

Government Wednesday raised about Rs 5,030 crore from sale of its 5 percent stake in NTPC, with insurance companies getting almost two-third shares but retail participation was lukewarm amid a free-fall of stock markets.

NTPC OFS sees lacklustre retail demand, govt may get Rs 5,000 crore

NTPC OFS sees lacklustre retail demand, govt may get Rs 5,000 crore

Government Wednesday moped up nearly Rs 5,030 crore from the sale of its 5 percent stake in NTPC but the retail investor portion remained under-subscribed.

NTPC stake sale: Institutional buyers put in Rs 7000-crore bids

NTPC stake sale: Institutional buyers put in Rs 7000-crore bids

The government's 5 percent stake sale in India's largest power producer NTPC got off to a blockbuster start Tuesday with FIIs and institutional buyers alone putting in bids for as much as Rs 7,287 crore, against the total issue size of Rs 5,030 crore.

NTPC's rating unaffected by govt's stake sale: Moody's

The government's 5 percent stake sale in NTPC will not impact the rating of the country's largest power producer, Moody's Investors Service said today.

NTPC's Rs 5,030-cr stake sale starts under new Sebi norms

NTPC's Rs 5,030-cr stake sale starts under new Sebi norms

The share sale is the first under Sebi's revised offer for sale (OFS) rules that allow the bidding for shares spread over two days.

Govt to sell 5% in NTPC on Tuesday at Rs 122, eyes Rs 5,000 crore

Govt to sell 5% in NTPC on Tuesday at Rs 122, eyes Rs 5,000 crore

The stake sale would be spread over two days with institutional bidders getting the first chance to buy shares Tuesday. Retails investors, for whom 20 percent shares have been reserved, will get to bid on February 24.

GIC of Singapore picks up NTPC shares worth Rs 1,000 crore

Sovereign wealth fund GIC of Singapore has cornered shares worth Rs 1,000 crore in NTPC divestment in which foreign funds bought almost 45 percent of shares put on sale.

NTPC share sale over-subscribed; govt to get about Rs 11,400 crore

NTPC's mega share sale was over- subscribed just before the market close on Thursday, helping the government fetch close to Rs 11,400 crore -- the biggest disinvestment proceed this fiscal.

NTPC stake sale on Feb 7, may fetch govt Rs 12,000 cr

The government will offload 9.5 percent stake in power major NTPC on Thursday, which may fetch the exchequer around Rs 12,000 crore.

EGoM to decide on NTPC stake sale today

Empowered Group of Ministers (EGoM) chaired by Finance Minister P Chidambaram is expected to meet here on Tuesday to decide on time and price of 9.5 percent stake sale in power major NTPC which could fetch Rs 12,000 crore to the exchequer.

NTPC stake sale in 8-9 days, may fetch Rs 12,000 cr to govt

Finance ministry will launch in the next 8-9 days the share sale offer of power major NTPC, which is expected to fetch Rs 12,000 crore to the exchequer.

NTPC 9.5% stake sale likely on Jan 15, govt may get Rs 12,000cr

The government is likely to sell 9.5 percent of its stake in the largest power generator NTPC on January 15 which could fetch the exchequer over Rs 12,000 crore at current market price.

Govt clears 9.5% stake sale in NTPC, may get Rs 13,000 cr

The government on Thursday approved 9.5 percent stake sale in state-run power producer NTPC, hoping to garner around Rs 13,000 crore.