{"id":581395,"date":"2023-06-02T11:40:09","date_gmt":"2023-06-02T06:10:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=581395"},"modified":"2023-06-02T11:40:09","modified_gmt":"2023-06-02T06:10:09","slug":"institutions-lap-up-coal-india-shares-with-bids-worth-rs-6500-cr-govt-exercises-green-shoe-option","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/institutions-lap-up-coal-india-shares-with-bids-worth-rs-6500-cr-govt-exercises-green-shoe-option\/","title":{"rendered":"Institutions lap up Coal India shares with bids worth Rs 6,500 cr; govt exercises green-shoe option"},"content":{"rendered":"<p>NEW DELHI: Institutional investors lapped up Coal India shares in this fiscal&#8217;s maiden government stake-sale, with Rs 6,500 crore bids pouring in on the first day of the offer-for-sale. The government had offered over 8.31 crore shares to institutional investors on Thursday under the offer-for-sale (OFS), but received bids for 28.76 crore shares or 3.46 times.<\/p>\n<p>At the indicative price of Rs 226.12 a share, the bids of institutional buyers are worth Rs 6,500 crore.<\/p>\n<p>&#8220;Offer for Sale in CIL received enthusiastic response from non-retail investors today. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Institutional investors lapped up Coal India shares in this fiscal&#8217;s maiden government stake-sale, with Rs 6,500 crore bids pouring in on the first day of the offer-for-sale. The government had offered over 8.31 crore shares to institutional investors on Thursday under the offer-for-sale (OFS), but received bids for 28.76 crore shares or 3.46 times. At the indicative price of Rs 226.12 a share, the bids of institutional buyers are worth Rs 6,500 crore. &#8220;Offer for Sale in CIL received enthusiastic response from non-retail investors today.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[222,130,137],"tags":[],"class_list":["post-581395","post","type-post","status-publish","format-standard","hentry","category-coal-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581395","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=581395"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581395\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=581395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=581395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=581395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}