Mumbai, May 27 -- The government had set a floor price of Rs 31 per share for the OFS. The OFS opened for non-retail investors on 22 May 2026 and for retail investors on 25 May 2026.

The base offer comprised 36.20 crore equity shares, representing around 4% stake in the bank, with an oversubscription option of an additional 36.20 crore shares. The government exercised the greenshoe option, taking the total OFS size to 72.41 crore shares, or nearly 8% of the bank's equity share capital.

Out of the total offer size, around 65.17 crore shares were reserved for non-retail investors, while 7.24 crore shares were earmarked for retail investors.

As of 3:30 PM on 25 May 2026, the OFS received bids for 9.24 crore shares in the retail category, ...