NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bids
The government’s offer for sale of up to 3 per cent stake in NLC India got over-subscribed on the first day of the share sale with non-retail investors putting in bids worth Rs 4,158 crore. On Tuesday, non-retail investors bid for over 13.03 crore shares at an indicative price of Rs 319.06 a shares, as…