Axis Bank OFS ( offer for sale )

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

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