Proteus eGov Technologies OFS: NSE Investments is set to sell its 20.3 per cent stake in Proteus eGov Technologies through Offer for Sale (OFS). The share sale of the Mumbai-based e-governance solutions provider has set a floor price, according to an announcement by the National Stock Exchange (NSE) unit on Thursday, November 21. Rs 1,550 per equity share.
NSE Investments Limited is a wholly owned subsidiary of NSE, which was set up to make/hold strategic investments in equity shares and/or other securities of other companies. NSE Investments is also a non-promoter shareholder in the IT-enabled solutions company.
The OFS will consist of a base issue of 10.16 per cent equity, with a green shoe option for an additional 10.16 per cent equity. According to NSE Investments, the OFS will open for non-retail investors on November 22 and for retail investors on November 25.
