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Reputation: 642,713  •  May 3, 2023 12:16 AM
IndoStar Capital Finance promoters to sell 14.2% stake via OFS; floor price at 20% discount
IndoStar Capital Finance promoters to sell 14.2% stake via OFS; floor price at 20% discount
Under the OFS, promoters Indostar Capital and Everstone Capital Partners will offload about 1.93 crore equity shares with a floor price fixed at Rs 95 per unit, a 20% discount from the last closed price of Rs 120. On May 4, the OFS will be available for retail investors, whilst non-retail investors who have placed their bids on 'T Day' may carry forward any un-allotted to T+1 day.
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
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NSE:INDOSTAR price when posted: 124.5