{"id":594039,"date":"2023-07-28T09:27:18","date_gmt":"2023-07-28T03:57:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=594039"},"modified":"2023-07-28T10:03:31","modified_gmt":"2023-07-28T04:33:31","slug":"rail-vikas-nigam-offer-for-sale-subscribed-1-6-times-shows-bse-data","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rail-vikas-nigam-offer-for-sale-subscribed-1-6-times-shows-bse-data\/","title":{"rendered":"Rail Vikas Nigam offer for sale subscribed 1.6 times, shows BSE data"},"content":{"rendered":"<p>The offer for sale (OFS) in Rail Vikas Nigam garnered 1.6 times more bids than shares on offer. As per data provided by BSE, the OFS saw bids for 174.4 million shares from institutional investors as against a total of 111.76 million shares put on the block by the government.<\/p>\n<p>Most of the bids came in at Rs 122 per share, higher than the floor price of Rs 119. Through the share sale, the government will be able to mop up Rs 1,360 crore.<\/p>\n<p>About 11.18 million shares reserved for retail investors will be auctioned on Friday. In case of a shortfall in retail demand, the shares will be allotted to institutional bidders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The offer for sale (OFS) in Rail Vikas Nigam garnered 1.6 times more bids than shares on offer. As per data provided by BSE, the OFS saw bids for 174.4 million shares from institutional investors as against a total of 111.76 million shares put on the block by the government. Most of the bids came in at Rs 122 per share, higher than the floor price of Rs 119. Through the share sale, the government will be able to mop up Rs 1,360 crore. About 11.18 million shares reserved for retail investors will be auctioned on Friday. In case of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-594039","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594039","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=594039"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594039\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=594039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=594039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=594039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}