
The federal government holds 63.17 per cent in BHEL.
| Picture Credit score:
SHIV KUMAR PUSHPAKAR
The federal government will sell up to 5 per cent stake in Bharat Heavy Electricals Ltd (BHEL) through an offer-for-sale (OFS) starting on Wednesday at a flooring value of ₹254 a share.
“Authorities gives to disinvest 3 per cent fairness in the BHEL with an extra 2 per cent as inexperienced shoe possibility,” Division of Funding and Public Asset Administration (DIPAM) Secretary Arunish Chawla stated on X.
The problem will open for non-retail buyers on Wednesday, whereas retail buyers will get to put in value bid on Thursday.
If totally subscribed at the ground value, sale of 17.41 crore shares, or 5 per cent stake, would fetch the federal government ₹4,422 crore.
The ground value of ₹254 a share is about 8 per cent beneath BHEL’s closing share value of ₹276.05 on the BSE.
The bottom concern dimension includes over 10.44 crore shares, or 3 per cent stake, in BHEL, plus a greenshoe possibility to sell over 6.96 crore shares or 2 per cent.
The federal government holds 63.17 per cent in BHEL. Shares of BHEL closed at ₹276.05, up 0.53 per cent over its earlier shut on Tuesday.
Up to now in the present fiscal 12 months, the federal government has raised ₹8,768 crore by way of PSU disinvestments.
Printed on February 10, 2026
Source link
#Govt #sell #BHEL #254share #OFS #opens #Wednesday


