The President of India, acting through the Ministry of Heavy Industries, Government of India has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 10,44,61,901 Equity shares of face value of INR 2/- each of Bharat Heavy Electricals Limited. Date and time of the opening of the offer for Non-Retail Investors: February 11, 2026 at 9:15 a.m.; Date and time of the closing of the offer for Non-Retail Investors: February 11, 2026 at 3:30 p.m.; Date and time of the opening of the offer for Retail Investors: February 12, 2026 at 9:15 a.m.; Date and time of the closing of the offer for Retail Investors: February 12, 2026 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be INR 254/- (Rupees Two Hundred and Fifty Four Only)
BHEL · price
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The Government of India, through the Ministry of Heavy Industries, will sell up to 10.45 crore equity shares of BHEL via the stock exchange OFS mechanism. The floor price has been set at INR 254 per share, with a face value of INR 2 each. Non-Retail Investors can bid on February 11, 2026 (9:15 AM to 3:30 PM), while Retail Investors can bid on February 12, 2026 (9:15 AM to 3:30 PM). At the floor price, the total size of the OFS is approximately INR 2,653 crore. This is part of the government's broader disinvestment programme to reduce its stake in the public sector undertaking.
Existing shareholders may see short-term selling pressure on the stock due to the large supply of shares hitting the market. The floor price of INR 254 acts as a psychological support level; sustained price action around this level will be watched closely. Long-term investors get an opportunity to accumulate BHEL shares at a government-set benchmark price.