BoM's OFS draws bids 400% of base issue size

  • Posted on December 3, 2025
  • By Business News Today
  • 5 Views
BoM's OFS draws bids 400% of base issue size

Bank of Maharashtra's offer for sale saw robust investor demand on its opening day, with bids exceeding 400% of the base issue size. The government will now exercise its green-shoe option, expanding the total stake on offer to 6% after the strong response from non-retail investors.
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