NMDC FPO Priced at Rs 300-350 a share
The government on Tuesday said it has fixed the price band of NMDC FPO at Rs 300-350 a share, a hefty discount of 25 per cent from its last closing of Rs 400 a piece on the BSE, to attract retail investors.
Analysts said the government has offered attractive discount, apparently not wanting the risk its last divestment in PSUs this fiscal in which it aims to garner Rs 25,000 crore.
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