CONCOR OFS reserved for retail investors amounting to 233 crore at floor price got over subscribed approximately 1.84 times.

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..... CONCOR OFS reserved for retail investors amounting to 233 crore at floor price got over subscribed approximately 1.84 times.
News and Press Release
Dated:- 11-3-2016

In-spite of volatili .....

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..... ty in the capital market and depressed sentiments as BSE (-170.62) and NSE (-45.65) closed in red, the retail portion of CONCOR OFS got thumbs up from retail investors. The 20% portion of CONCOR OFS r .....

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..... eserved for retail investors i.e., 19,49,742 equity shares amounting to ₹ 233 crore at floor price got over subscribed approximately1.84 times. The total bids received from retail investors amou .....

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..... nt to ₹ 430.08 crore. Overall the CONCOR OFS for 5% divestment of paid-up equity out of Government of India shareholding of 61.80% for equity shares of 97,48,710 amounts to ₹ 1165 crore a .....

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..... t Floor Price. The total demand was for 1,93,62,013 equity shares amounting to ₹ 2317.20 crore. This was the seventh CPSE disinvestment of the fiscal year 2015-16 and third of this quarter.
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..... News - Press release - PIB .....

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