Comments
The additional offering of Bharat-22 ETF, which was open only for Thursday, saw an overwhelming response, enabling the government to mop up ₹10,000 crore through disinvestment proceeds. The base issue size fixed at ₹3,500 crore received overwhelming response from all categories of investors, including retail investors. The issue was oversubscribed over 10 times of the base issue size till 7 pm and received about ₹40,000 crore, an official release said. The Centre has decided to retain approximately ₹10,000 crore as its divestment proceeds, the release added.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.