News Details

( As on 02/12/2025 12:55)

Bank of Maharashtra OFS Opens; Government to Sell Up to 6% Stake

The Bank of Maharashtra’s Offer for Sale (OFS) opened on Tuesday for non-retail investors at a floor price of Rs 54 per share.

At this price, the government is expected to raise around Rs 2,492 crore through the divestment of its 6% stake in the state-owned bank.

According to the share sale prospectus, the OFS will open for retail investors on Wednesday.