Mumbai, Dec. 18 -- Through OFS, Government of India had proposed to sell up to 38,51,31,796 equity shares, representing a 2% stake, with an option to sell additional 1% stake or 19,25,65,898 equity shares in case of over subscription.

With the promoter exercising the oversubscription option to the extent of up to 7,60,94,197 equity shares (representing 0.395% stake), the total OFS size (base size + green shoe) aggregated to 46,12,25,993 shares, representing 2.395% of outstanding equity shares of the bank, the value of which (at floor price) aggregates to Rs 1,568.16 crore.

The floor price of the offer had been set at Rs 34 apiece, a 7.03% discount to the stock's closing price of Rs 36.57 recorded on Tuesday, 16 December 2025.

The Gover...