Axis bank is one of the best private bank of india.
The Specified Undertaking of the Unit Trust of India (SUUTI) has offered to sell 1.95% in Axis Bank through offer for sale (OFS).
Updates :- Upcoming OFS ( offer for sale )
“The seller proposes to sell up to 3,60,00,000 equity shares of the company, (representing up to 1.21% of the total issued and paid up equity share capital of the company as on March 31, 2021), on May 19, 2021, (T day) (for non-retail investors only),” Axis Bank said in a regulatory filing.
| Axis Bank Offer for sale details | |
| OFS Date | 19-May-2021 to 20-May-2021 |
| Price | 680 |
| Face value | 2 |
| Minimum bid Quantity | 1 Shares |
| Maximum bid Quantity | 3,60,00,000 |
| Offer Size for Retail | 58,07,857 Shares |
| Offer Size for Non-Retail | 5,22,70,711 Shares |
| Offer Size | 5,80,78,568 Shares |