Govt to sell 3% stake in Hindustan Copper via OFS, floor price INR 514

Capital Market Events View source PDF Explain this filing

HINDCOPPER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-6.8%Reaction day

₹569.90

prior close

₹542.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.2%-6.6% vs market

Non - Ferrous Metals peers, median of 19sector · industry level-0.6%-6.1% vs sector

On the reaction day the stock moved 6.6 pts less than Nifty Smallcap 250 and 6.1 pts less than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-0.9

15m

-0.5

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.8-0.2-6.6-0.6-6.1

Next day

-2.8+0.4-3.2-0.1-2.7

-5.5+0.3-5.8-0.5-4.9

-6.5+0.7-7.1-0.3-6.2

-7.8-0.0-7.8-1.1-6.7

-7.4-0.1-7.4-2.1-5.4

-9.2+0.4-9.6-0.1-9.0

15d

-15.5-2.8-12.7-3.1-12.4

-13.1-1.2-11.9-2.4-10.7

-28.6-9.8-18.7-13.8-14.8

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UpDownMarket · Nifty Smallcap 250Sector · Non - Ferrous Metals peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Government of India (promoter) to sell up to 2.9 crore shares (3% stake) of Hindustan Copper through an Offer for Sale on the stock exchange. Floor price is INR 514 per share. An oversubscription option for another 3% stake exists, taking total potential sale to 6%. Non-retail bidding on Aug 25, 2026; retail bidding on Aug 26, 2026. No retail discount. Settlement on Aug 27, 2026.

Likely market impact

Government divestment increases share supply; could pressure price near floor price of INR 514 in short term but adds liquidity.