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Govt to sell up to 3% stake in IOB
Financial Express Kochi
|December 17, 2025
THE CENTRE WILL sell up to 3% stake in the state-run Indian Overseas Bank to raise about 2,000 crore through an offer for sale (OFS) at a floor price of §34/share on Wednesday-Thursday.
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“Offer for Sale in Indian Overseas Bank (IOB) opens tomorrow for Non-Retail investors. Retail investors can bid on Thursday. Government offers to disinvest 2% equity in the bank with an additional 1% as a green shoe option,’ the department of investment and public asset management secretary said in a post on ‘X’.
Bu hikaye Financial Express Kochi dergisinin December 17, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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