Hindustan Copper Limited: Offer for sale by Government of India

IPO / ECM 24 Aug 2026· ₹149 cr (approx) · Announced· ✓ Verified

The Ministry of Mines, representing the President of India (GOI), announced an OFS of 2,90,10,721 equity shares (face value ₹5 each) in Hindustan Copper Limited. The floor price was set at ₹514 per share, implying a transaction value of approximately ₹149 crores at floor. The offering was bifurcated: non-retail investors (HNIs/institutions) bid on 25 Aug 2026 (9:15 a.m.–3:30 p.m. IST); retail investors on 26 Aug 2026 (9:15 a.m.–3:30 p.m. IST), each on a separate window of NSE and BSE. This is a Government of India disinvestment exercise, reducing stake in a central public sector undertaking (CPSU).

Why it mattersDisinvestment via exchange-traded OFS mechanism triggers disclosure, listing compliance, and SEBI insider trading restrictions; counsel must advise on quiet period and price stabilization rules during the two-tranche offering window.
SectorMetals & Mining
Value₹149 cr (approx)
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