Government to sell up to 5% stake in BHEL via OFS at Rs 254 floor price
BHEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.5 pts less than Nifty Midcap 150 and 5.2 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Government of India will sell up to 10.44 crore shares (3% of paid-up capital) of BHEL through an Offer for Sale on Feb 11-12, 2026. Floor price is Rs 254 per share, with an oversubscription option for another 6.96 crore shares (2%). Non-Retail Investors can bid on Feb 11, Retail Investors on Feb 12. Employees can also bid for 87 lakh shares. No retail discount offered.
Government is reducing its stake; the share sale adds supply which may weigh on the stock price in the near term.