https://ift.tt/eA8V8J The two-day offer for sale for steelmaker SAIL's 5 percent shareholding was subscribed 3.6 times on the first day of its opening on Thursday. Over 74.74 crore shares were sought by non-retail investors on the first day on BSE, stock exchange data showed. The OFS opened on Thursday for non-retail investors while it will open for retail investors on Friday. Over 74.74 crore shares were sought by non-retail investors at the close of trading hours, stock exchange data showed. The shares sought were 362 percent of the overall issue and nearly 413 percent of the shares reserved for non-retail investors.
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SAIL OFS subscribed 3.6 times on the first day
![SAIL OFS subscribed 3.6 times on the first day]()
Reviewed by Manish Pethev
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January 15, 2021
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