The OFS will open first for non-retail traders on Tuesday, August 25, 2026. Bidding for this class will begin at 9:15 am and shut at 3:30 pm on the identical day. Allocation for normal bids is predicted to be confirmed round 7 pm on August 25 via contract notes. Retail traders will be capable to bid on Wednesday, August 26.
Settlement and credit score of shares for all profitable bids are anticipated on or round Thursday, August 27, 2026. This consists of bids by non-retail and institutional traders with 100% upfront margin, institutional traders with zero upfront margin, carry-forward bids, and retail investor bids. Allocation for carry-forward bids is predicted to be confirmed round 7 pm on August 26 via contract notes.
The difficulty features a 10% reservation for retail traders, whereas 25,000 shares have been reserved for eligible workers.
The transaction is a part of the federal government’s disinvestment programme and can assist improve public shareholding within the state-run copper miner. Hindustan Copper is below the Ministry of Mines and is India’s solely vertically built-in copper producer.
The bottom supply will permit the federal government to divest 3% fairness. If demand is powerful, the federal government can use the inexperienced shoe possibility and promote a further 3%, taking the full stake sale to six%.
A proposal on the market permits promoters of a listed firm to promote shares via the inventory trade platform. On this case, the promoter is the Authorities of India. Retail traders can bid below the reserved portion, whereas institutional and non-retail traders will participate below the broader OFS framework.The OFS comes after a robust June quarter for Hindustan Copper. The corporate reported revenue earlier than tax of Rs 472 crore for the quarter ended June 2026, up round 163% from the identical interval final yr. Revenue after tax stood at Rs 353 crore, additionally up round 163%. Income from operations rose 81% to Rs 936 crore from Rs 516 crore a yr earlier.
The corporate has additionally been engaged on mine growth. Hindustan Copper mentioned it has intensified monitoring of growth initiatives and is focusing on ore manufacturing capability of 12.2 million tonnes each year by 2030. It is usually making progress on reopening closed mines in Jharkhand, buying new mines in Chhattisgarh and Madhya Pradesh, and pursuing mine exploration in Chile.
Copper demand has develop into a key long-term theme due to electrical autos, renewable vitality, energy infrastructure and information centres. The transition in the direction of renewable vitality and electrical mobility, together with AI-led infrastructure and decarbonisation insurance policies, is predicted to help copper demand within the coming years.
Hindustan Copper shares may even be in focus because the OFS opens, with traders monitoring the low cost to the market worth, institutional demand and retail participation.
