RVNL OFS gets good response on Day 1; govt to exercise green shoe option
The offer for sale of Rail Vikas Nigam (RVNL) received 2.73 times subscription from non-retail users. The government decided to offload 3.4% equity on Day 1 and exercise the green shoe option to sell an additional 1.96% stake. Friday is the T+1 day, and retail investors will be allowed to place their bids.
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