Govt to sell 3% stake in BHEL via OFS, sets floor price at Rs 254 per share

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, ETMarkets.comLast Updated: Feb 10, 2026, 07:54:00 PM IST

Synopsis

BHEL stake sale: The government will sell 3% stake representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL) via an offer for sale (OFS). The defence PSU has set the floor price at Rs 254 per share.

The government will sell 3% stake representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL) via an offer for sale (OFS). The PSU has set the floor price at Rs 254 per share.

The government has also retained an oversubscription option to sell an additional 6.96 crore shares, equivalent to 2% equity, which would take the total potential divestment to 17.41 crore shares, or 5% of the company’s equity capital, if fully exercised.

The shares will be sold through a separate, designated OFS window on the BSE and NSE.

The OFS will take place during trading hours on Wednesday, commencing at 9:15 am and will close at 3:30 pm.

At the given floor price, the government will raise Rs 2,653 crore on divestment of 3% equity while the amount will go up to Rs 4,422 crore if the oversubscription option is exercised.

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