SJVN is engaged in the business of Electricity generation. The company is also engaged in the business of providing consultancy for hydro-power projects.
Updates :- Upcoming OFS ( offer for sale )
The President of India, acting through and represented by the Ministry of Power, Government of India (the “Seller”), being the promoter of SJVN Limited (the “Company”) proposes to sell upto 9,66,72,962 equity shares of the Company of face value of Rs.10.00 (representing up to 2.46% of the total issue and paid up share capital of the Company) (“Base Offer Size”) along with an option to additionally sell 9,66,72,961 equity shares (representing up to 2.46% of the total issue and paid up share capital of the Company) (the “Oversubscription Option” and in event the Oversubscription Option is exercised, the equity shares forming part of the Base Offer Size and the Oversubscription Option will represent 4.92% (19,33,45,923) equity shares of the Company, and will collectively, hereinafter be referred to as “Offer Shares” while in the event that such Oversubscription Option is not exercised, the equity shares forming part of the Base Offer Size will hereinafter be referred to as “Offer Shares”) on September 21, 2023 (“T Day”) (for Non-Retail Investors only) and on September 22, 2023 (“T+1 Day”) (for Retail Investors and for Non-Retail Investors from T Day, who choose to carry forward their un-allotted bids) .
SJVNOFS (Offer for sale) 2023 Details
|OFS open Date||21-Sep-2023|
|OFS Close Date||22-Sep-2023|
|OFS Floor Price||69 INR|
|Base Size||9,66,72,962 shares (2.46% of Equity)|
|Oversubscription Option||9,66,72,962 shares (2.46% of Equity)|
|Face value||10 INR|