Government to sell up to 5% in BHEL at ₹254 a share via OFS

The authorities volition merchantability up to 5% involvement successful Bharat Heavy Electricals Ltd (BHEL) via an connection for merchantability (OFS) opening connected Wednesday (February 11, 2026) astatine a level terms of ₹254 a share.

"Government offers to disinvest 3% equity successful the BHEL with an further 2% arsenic greenish footwear option," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said connected X.

The contented volition unfastened for non-retail investors connected Wednesday (February 11, 2026), portion retail investors volition get to enactment successful terms bid connected Thursday (February 12, 2026).

If afloat subscribed astatine the level price, merchantability of 17.41 crore shares, oregon 5% stake, would fetch the authorities ₹4,422 crore.

The level terms of ₹254 a stock is astir 8% beneath BHEL's closing stock terms of ₹276.05 connected the BSE.

The basal contented size comprises implicit 10.44 crore shares, oregon 3% stake, successful BHEL, positive a greenshoe enactment to merchantability implicit 6.96 crore shares oregon 2%.

The authorities holds 63.17% successful BHEL. Shares of BHEL closed astatine ₹276.05, up 0.53% implicit its erstwhile adjacent connected Tuesday (February 10, 2026).

So acold successful the existent fiscal year, the authorities has raised ₹8,768 crore done PSU disinvestments.