Coal India slips as government launches OFS at Rs 412/share floor price
Mumbai, May 27 -- The OFS opened for non-retail investors on 27 May 2026 and will open for retail investors on 29 May 2026. The government has set a floor price of Rs 412 per share, representing a discount of 8.87% to the prevailing market price.
The base offer comprises 6.16 crore equity shares (1% equity), with an option to additionally sell another 6.16 crore shares under the oversubscription option. This takes the total OFS size to 12.32 crore shares (2% equity) if the greenshoe option is exercised.
Out of the total offer, around 5.54 crore shares have been reserved for non-retail investors, while 61.62 lakh shares have been earmarked for retail investors.
As of 11:30 AM on 27 May 2026, the non-retail portion of Coal India's OFS ha...
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