NBCC selloff : Rs 2,700-crore bids pour in

NEW DELHI: State-owned NBCC’s share sale today garnered 1.54 times subscription from institutional buyers, who put in bids totalling more than Rs 2,700 crore.

editorial@tribune.com

New Delhi, October 20

State-owned NBCC’s share sale today garnered 1.54 times subscription from institutional buyers, who put in bids totalling more than Rs 2,700 crore.

The two-day share sale, wherein the government is offloading 15% of its equity, attracted bids for over 11.08 crore shares as against 7.20 crore offered to institutional investors on the first day, according to the stock exchange data. pti

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