- The offer comprised up to 1.11 billion units at an indicative price of 109.17 rupees each, including a base offer of about 740 million units and an oversubscription option of about 370 million units.
- The transaction is the largest share sale by a private shareholder in India through the offer-for-sale route.
- The sale opened Aug. 31 for non-retail investors and Sept. 1 for retail investors.
Quotes
“underscoring strong investor appetite.”