The government's offer to sell its stake in Central Bank of India attracted strong investor interest. The two-day issue closed on Monday with an overall subscription of 1.28 times.
Institutional investors showed significant participation in the offer for sale. Retail investors also placed bids for shares during the period.
Coal India's offer for sale opened to retail investors with non-retail buyers showing robust interest on the first day. The state-owned miner reported subscriptions of 8.14 times from this group amid mixed views on its future.
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SBI Funds Management is set to launch an offer for sale worth ₹11,693 crore. The move will reduce the promoter stake to 88 percent. The asset manager oversees ₹29.46 lakh crore in funds.
Dozens of investors including public sector banks and insurers are positioned to benefit from the upcoming National Stock Exchange IPO. State Bank of India alone anticipates proceeds exceeding ₹5,000 crore.
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Foreign institutional investors have sold Indian shares worth more than Rs 2 lakh crore so far in 2026, marking their third straight month as net sellers amid ongoing geopolitical tensions.