June 9, 2022 7:36 PM

Department of Investment and Public Asset Management (DIPAM) will organize a conference in 75 cities across the country tomorrow on the theme of creating wealth through the market. This initiative aims to educate, encourage and empower people about investments and the creation of wealth to ensure the financial growth of the citizens. Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will join the conference from the Indian Institute of Science (IISc), Bengaluru. Union Minister ...

Sale of Govt shares in IRCON gets great response on day 1: Secretary, DIPAM

March 4, 2021 8:29 AM

Sale of Govt shares in IRCON gets great response on day 1: Secretary, DIPAM

Secretary, Department of Investment and Public Asset Management (DIPAM) Tuhin Kanta Pandey has said that the offer for sale of Government shares in Public Sector Undertaking IRCON International has received good response on day one. In a tweet, the Secretary said, the issue was subscribed 3.3 times of base size at a clearing price above the floor price by non-retail investors. He said, the government has decided to exercise the greenshoe option. The retail investors will get a chance to bid toda...