Floor Price

The company may consider offering a discount of up to 5 percent on the floor price.

Bank of India initiates QIP launch, floor price set at Rs 105.42 per share

As per an earlier report, the QIP is anticipated to be in the range of Rs 3,500 to 4,000 crore.

Hindustan Power Exchange gets CERC nod for high price contracts in 3 key markets

The HP-DAM pricing has been established with a floor price of zero to mitigate any adverse impact on the integration of renewable energy in the national grid.

TTK Healthcare falls 4% as board approves voluntary delisting of shares

TTK Healthcare's delisting is aimed at streamlining its business strategy by expanding into new categories and businesses with each having their distinct risk profiles and funding requirements.

SEBI's delisting regulation changes are of little help to promoters and investors

Recent changes are peripheral. They don’t address the issue of pricing – the key reason why delisting attempts are failing.

Lakshmi Vilas Bank launches QIP to raise Rs 600 crore

Private sector Lakshmi Vilas Bank today said it has launched QIP to raise over Rs 599.88 crore by issuing 4.25 crore shares in domestic or international markets.

India extends steel floor price to Feb 4 to curb cheap imports

India has yet again extended the floor price of imports of steel products for a further two months as the government tries to protect the domestic industry from cheap overseas shipments, especially from China.

Govt to sell 15% in NBCC today; eyes Rs 2,200 cr

Government will sell 15 percent stake tomorrow in state-owned construction company NBCC at a floor price of Rs 246.50 a share to raise about Rs 2,200 crore.

Steel ministry to seek extension of floor price on imports

New Delhi imposed the minimum import price (MIP) on 173 steel products in February, helping cut inbound shipments last month to their lowest level in at least 14 months. The MIP expires in August.

Govt to sell 5% stake in NTPC tom, to garner Rs 5K cr

The bids for institutional players are likely to take place tomorrow and the retail bid will be completed day-after-tomorrow, say sources.

Fitch sees no relief for Indian steelmakers despite floor price

India set a floor price on imports of 173 steel products on February 5, the first time it has taken such a step in more than 15 years, to deter mainly China from undercutting local mills.

Government to sell 10% stake in Engineers India; shares down 5%

The Government is proposed to sell up to 3,36,93,660 equity shares (10 percent) of the company through offer for sale (OFS).

Essar Oil to delist at floor price of Rs 146.05/share

Essar Oil has decided to delist from local stock exchanges by buying out the non-promoter shareholding of 28.54 percent to give its promoters greater flexibility, the company said.

REC stake sale on Wed; floor price set at Rs 315/share

The floor price of Rs 315 a share is at a discount of 2.07 per cent over the closing price of Rs 321.65 a share. The price for the offer for sale (OFS) of 4.93 crore REC shares was decided today at a meeting headed by Finance Minister Arun Jaitley.

HCC opens share sale to QIPs at Rs 30.98 apiece

The QIP committee of the board of directors of Hindustan Construction Company at it meeting has decided to open the issue, the company informed BSE in a regulatory filing.

Coal India OFS floor price at Rs 358/sh; at 4.5% discount

The government on Thursday set the floor price of Coal India at Rs 358/share for an offer for sale (OFS) in which it plans to sell 5 percent stake in the firm.

Reliance MediaWorks' promoters make delisting offer

Reliance Land Private Ltd and Reliance Capital Ltd have offered to purchase 51,579,465 shares, representing 26.70 percent stake in Reliance MediaWorks, according to a public notice issued today.

Can meet Sebi norm in 3-6 months, prefer OFS: Omaxe

Mohit Goel of Omaxe told CNBC-TV18 that the company shall go for an OFS or IPP to dilute its stake for meeting SEBI's norms on public shareholding. The company had failed to do it meet the June 3 deadline.

Uttam Galva sets floor price for QIP at Rs 76.48 per share

Uttam Galva Steels today said it has set a floor price of Rs 76.48 per share for raising funds up to Rs 175 crore through qualified institutional placement (QIP) route.

SAIL FY14 profits to jump 9%, target price at Rs 72: IIFL

At IILF they believe that at the floor price of Rs 63, all the negative for SAIL have been priced in. “We are recommending our clients to invest at the floor price,” said Tarang Bhanushali, in an interview to CNBC-TV18.

M&M fixes Rs 270 as floor price of Mahindra Holidays scrip

Diversified group Mahindra & Mahindra, promoter of Mahindra Holidays & Resorts India (MHRIL), today said it has fixed 'floor price' at Rs 270 per share for the sale of its 4.02 percent stake in the company.

SAIL divestment by Mar-end, EGoM likely on Mar 19

A ministerial panel is likely to meet on March 19 to decide the floor price for sale of 10.82 percent stake in SAIL which is expected in the second half of March, Steel Minister Beni Prasad Verma said today.

NTPC OFS oversubscribed: Govt likely to garner Rs 11,469 cr

The big daddy of the government's divestment agenda, NTPC, had a successful offer for sale. The offer was subscribed 1.69 times. This was at a final indicative price of Rs 145.91 per share versus the floor price which was set at Rs 145 rupees per share.

NTPC attractive but not best investment opportunity: Expert

In an interview to CNBC-TV18, Prithvi Haldea, chairman and managing director, Prime Database gives his views on National Thermal Power Corporation's (NTPC) floor price

Govt to play safe, Oil India floor seen at Rs 520: Tulsian

SP Tulsian of sptulsian.com does not see the divestment of Oil India with floor price to be any problem. He said in an interview to CNBC-TV18.