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Central Bank OFS subscribed 2.35 times on Day-1, govt exercises green shoe option
The strong response to the OFS comes at a time when the government has set an ambitious disinvestment and asset monetization target of ₹80,000 crore for FY27, nearly 135% higher than the revised divestment estimate of ₹33,837 crore for FY26.
Central Bank of India shares tumble as government launches OFS
Central Bank of India shares fell sharply after the government initiated an 8% stake sale through an offer for sale at a floor price of Rs 31. Investors reacted despite the lender reporting strong annual profit growth and healthy expansion in advances.
Sell Gold, Trim Balance Sheet: Deepak Shenoy Critiques RBI's 'Disappointing' Dividend
In a post on X on Friday, Shenoy outlined that the Central Bank clocked a bottom-line of nearly 4 lakh crore, and even then they chose to keep a substantial portion of it into their Contingent Risk Buffer.
Govt to sell additional 4% stake in Central Bank of India after OFS subscribed 2.36 times; retail bidding opens on Monday
The Indian government is selling more shares of Central Bank of India. Investor demand was strong, leading to an increase in the stake sale from 4% to 8%. This move aims to boost the bank's stock liquidity and meet public shareholding rules. The offer for sale is currently underway, with retail investors having a chance to bid soon.
Investors rush into Central Bank share sale, govt decides to sell more shares
The government said Central Bank of India’s OFS was subscribed 2.35 times on the first day, prompting it to exercise the full greenshoe option.
Institutional Buyers Over-Subscribe Central Bank Of India OFS By 2 Times; Put In Rs 2,380 Crore Bids
At the indicated price of Rs 31.01 a share, non-retail investors put in over Rs 2,380 crore worth bids for Central Bank OFS.
Central Bank Of India Stake Sale: Govt To Offload Upto 8% Equity Via OFS, Floor Price Set At Rs 31/Share
Central Bank Of India OFS will open for retail investors on May 25.
Engineers India Ltd leads losers in 'A' group
Ganesha Ecosphere Ltd, Central Bank of India, Max Healthcare Institute Ltd and GMR Power & Urban Infra Ltd are among the other losers in the BSE's 'A' group today, 22 May 2026.
Central Bank declines as government begins stake sale via OFS
Central Bank of India dropped 6.52% to Rs 31.70 after the government launched an offer for sale (OFS) to divest stake in the public sector lender.
Vodafone Idea, JSW Cement, Ola Electric, Central Bank of India among most traded stocks on NSE today, 22 May 2026 - Mint
Vodafone Idea, JSW Cement, Ola Electric, Central Bank of India among most traded stocks on NSE today, 22 May 2026Mint
Small-Cap Stock Under Rs 50: Central Bank Of India Stock Dips 5% As Govt Plans To Pare Stake Via OFS
Small-Cap Stock Under Rs 50: Central Bank Of India shares plunged nearly 6% over the OFS plan
Central Bank of India shares fall 6% as OFS opens; check floor price
Central Bank of India OFS price: The government is offloading an 8 per cent stake in Central Bank of India through an OFS, starting Friday. The government aims to raise ₹2,456 crore.