PSU OFS Possibilities in September
*1. HUDCO LTD.*
As per Rule of Minimum 25% Public Holding, Government has to Divest Approx 15% Stake, which comes to Approx 30 Cr Shares.
CMP is 37.00
Approx 900-950 Cr OFS is Expected in *September-October*
*2. IRCON INT. LTD.*
As per Rule of Minimum 25% Public Holding, Government has to Divest Approx 14% to 15% Stake, which comes to Approx 9 Cr Shares Shares.
CMP is 85.00
Approx 500-550 Cr OFS is Expected in *September-October*
*3. IRCTC*
As per Rule of Minimum 25% Public Holding, Government has to Divest Approx 12-13% Stake, which comes to Approx 2-2.20 Cr Shares.
CMP is 1370
Approx 2000-2200 Cr OFS is Expected in *September-October*