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Axis Bank stake sale

Govt aims to fetch Rs 5,316 cr through part-sale of Axis Bank stake

The floor price for the offer has been fixed at Rs 689.52 per share.

Feb 12, 2019, 13:39 PM IST

Axis Bank falls on govt's Rs 5,700 crore stake sale offer

Shares of Axis Bank Ltd fell after the government launched an offer to sell up to a 9 percent stake held through SUUTI in India`s third-largest private-sector bank by assets to raise up to Rs 5,700 crore.

Mar 21, 2014, 10:39 AM IST

Govt receives over Rs 8,500 cr from Axis Bank stake sale, ETF

Encouraging response from investors has helped the government raise over Rs 8,500 crore through CPSE ETF and Axis Bank share sale.

Mar 21, 2014, 08:41 AM IST

Axis Bank stake sale Friday, price band at Rs 1290-1357/share

Government will sell less than half of its stake held through SUUTI in the country's third largest private sector lender Axis Bank on Friday through a block deal for upto Rs 5,700 crore.

Mar 20, 2014, 19:10 PM IST

SUUTI appoints 3 merchant bankers for its stake sale in Axis

The share sale will take place through block trade, they added.

Jan 21, 2014, 18:09 PM IST

JPMorgan, Citigroup picked for Axis Bank stake sale: Sources

India has chosen JPMorgan Chase & Co, Citigroup Inc and JM Financial Ltd to help sell half of the government`s stake in Axis Bank Ltd valued at USD 925 million, said three people involved in the process.

Jan 21, 2014, 16:08 PM IST