The auction generated bids for 38.9 million shares, stock exchange data showed. The government had offered 37.01 million shares, or 4 percent of the company, but had the option to sell a further 51.71 million shares.
The bids came at a weighted average price of 156.81 rupees, stock exchange data showed, slightly above the 155 rupees floor price.
The auction generated bids for 38.9 million shares, stock exchange data showed. The government had offered 37.01 million shares, or 4 percent of the company, but had the option to sell a further 51.71 million shares.
The bids came at a weighted average price of 156.81 rupees, stock exchange data showed, slightly above the 155 rupees floor price.