The OFS opened on Thursday (14 January 2021) for non-retail investors, while both retail as well as non-retail investors were allowed to bid on Friday (15 January 2021).The Government of India initially offered to sell 20,65,26,264 shares, constituting 5% paid-up share capital of the company, through the OFS. The floor price for the OFS was set at Rs 64 per shares, at a 14.2% discount to SAIL s closing price of Rs 74.70 on Wednesday, 13 January 2021.
On Thursday (T day), the OFS received subscription for 74,74,60,041 shares or 413% against the base non-retail offer size of 18,07,10,481 shares.
Following the strong response on T day, the government decided to exercise the oversubscription option of 20,65,26,264 equity shares (5% equity) in addition to the base offer. Accordingly, the final share sale was 41,30,52,528 shares, which aggregates to Rs 2,664 crore, constituting 10% of the paid-up equity share capital of SAIL.
And those are actually very much against the very harsh policies of migration that the government is. Pushing at the moment so how important is the migration issue in your political ideology I would I would say that it is not that important and specially in the last campaign they have been discussing migration but in their mind and basically their main argument was that migration is a is a big European problem and Italy cannot be left alone in dealing with just felt consistently that the been left alone for the rest of Europe is occurring it s waged. Yeah I guess this is this is. This is the main feature of the discourse of migration in Italy yes from both from parties on the left on the right as well as the 5 movement yes but following the storm of the truce over 600 migrants were denied entry into ports in Italy do you sense that there will be some sort of collusion between the e.u. And Italy yet that is certainly what the minister of interior. Well being is looking for these this s