Govt to exercise oversubscription in NLC India OFS, total offer now 3 percent

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NLCINDIA · 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

-6.3%Reaction day

₹328.60

prior close

₹325.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.3%-5.0% vs market

Power Generation peers, median of 28sector-2.2%-4.1% vs sector

On the reaction day the stock moved 5.0 pts less than Nifty Midcap 150 and 4.1 pts less than its Power Generation 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

-2.0

10m

-2.0

15m

-1.8

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.3-1.3-5.0-2.2-4.1

Next day

-5.1-2.2-3.0-3.9-1.2

-3.6+0.2-3.8-1.1-2.5

-3.3+1.7-5.0-0.3-3.0

-4.7+2.0-6.8-0.1-4.6

-5.3+2.6-7.9-0.3-5.0

-2.1+3.4-5.5-0.7-1.4

15d

-4.2+3.2-7.5-0.9-3.3

-4.1+4.3-8.4-2.7-1.4

-13.2+5.6-18.8-5.3-7.9

-17.8+3.1-20.9-8.2-9.6

UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 28Pending

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

AI summary

The Government of India, promoter of NLC India, is exercising the oversubscription option in its Offer for Sale. It will sell an additional 1.38 crore shares on top of the base 2.77 crore shares. Total OFS size now stands at 4.16 crore shares, 3 percent of paid-up capital. Non-retail bidding on June 9, retail on June 10. Ten percent reserved for retail, plus up to 25,000 shares for employees.

Likely market impact

Larger OFS may pressure stock price short-term; retail investors get more allocation opportunity on June 10.