Government 3% share sale in NLC India opens for subscription

The government's connection for merchantability of up to 3% involvement successful NLC India got disconnected to a creaseless commencement connected Tuesday (June 9, 2026), with beardown information from non-retail investors.

Non-retail investors bid for implicit 1.09 lakh shares, representing 0.44% of the 2.49 crore shares reserved for them, astatine an indicative terms of ₹304.92 a share.

Bidding volition proceed until the adjacent of marketplace hours.

The authorities is selling astir 4.16 crore shares oregon up to 3% involvement successful NLC India (Neyveli Lignite Corporation) astatine a level terms of ₹303/share.

The involvement merchantability comprises a basal connection size of 2%, and an further 1% greenish footwear enactment successful lawsuit of over-subscription.

If afloat subscribed, the involvement merchantability would fetch astir ₹1,200 crore to the exchequer astatine the level price.

The level terms represents a 9.73% discount implicit NLC India's closing terms of ₹335.65 a stock connected the BSE connected Monday (June 8, 2026).

Shares of NLC India were trading astatine ₹322.25, down 3.95% implicit Monday's (June 8, 2026) adjacent connected BSE.

The Offer For Sale (OFS) opens for retail investors connected June 10.

The authorities presently holds 72.20% successful NLC India.

So acold successful the existent fiscal, the authorities has mopped up ₹12,166 crore by selling number stakes successful PSUs. This see ₹5,542 crore from Coal India, ₹4,357 crore from NHPC and ₹2.266 crore from Central Bank of India.