{"id":370413,"date":"2020-08-28T11:01:10","date_gmt":"2020-08-28T05:31:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=370413"},"modified":"2020-08-28T11:01:10","modified_gmt":"2020-08-28T05:31:10","slug":"hal-plunges-12-after-its-ofs-opens-for-subscription","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hal-plunges-12-after-its-ofs-opens-for-subscription\/","title":{"rendered":"HAL plunges 12% after its OFS opens for subscription"},"content":{"rendered":"<p>NEW DELHI: Shares of Hindustan Aeronautics slumped 12 per cent after the offer for sale (OFS) opened for subscription on Thursday. The government said it will sell up to 15 per cent stake in the defence firm via share sale in the next two days.<\/p>\n<p>By the time of writing this report, the issue was subscribed 83.72 per cent.<\/p>\n<p>The govt is selling its stake at a floor price of Rs 1,001 per share through an offer for sale (OFS). The offer could fetch the exchequer around Rs 5,020 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Shares of Hindustan Aeronautics slumped 12 per cent after the offer for sale (OFS) opened for subscription on Thursday. The government said it will sell up to 15 per cent stake in the defence firm via share sale in the next two days. By the time of writing this report, the issue was subscribed 83.72 per cent. The govt is selling its stake at a floor price of Rs 1,001 per share through an offer for sale (OFS). The offer could fetch the exchequer around Rs 5,020 crore.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-370413","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=370413"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370413\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=370413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=370413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=370413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}