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IOB OFS opens for subscription
Mint Chennai
|December 18, 2025
The Indian Overseas Bank's (IOB's) Offer-for-Sale (OFS) opened on Wednesday for non-retail investors at a floor price of ₹34 per share.
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At the floor price, the government would mop up about ₹1,960 crore by divesting its 3% stake in the state-owned lender.
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