Hindustan Copper Share Price Gains Over 3%; OFS Open for Retail Investors Following Strong Institutional Demand

The government opened the Offer for Sale (OFS) of Hindustan Copper Ltd. to retail investors on August 26, following a robust response from institutional buyers.  

The government plans to sell up to 6% of its stake in the company, with a base offer of 3% and an additional 3% under the green shoe option. 

OFS Process for Retail Investors 

Retail investors can now participate in Hindustan Copper's OFS by accessing their trading accounts. Within the OFS or Corporate Action section, they can select Hindustan Copper's OFS to view floor prices and other relevant details.  

Investors must ensure sufficient funds in their accounts, as the funds matching the accepted bids will be blocked until allotment completion. 

Allocation for Retail Investors and Employees 

Of the total offer, 58,02,146 shares, equivalent to 10% of the offer, are reserved for the retail category on August 26, 2026. Additionally, 25,000 shares, representing 0.0026% of the total equity, are allocated for eligible employees of Hindustan Copper Limited. 

Key Stake Details 

The government initially offered 2.61 crore shares, which represents a 3% stake, but with the green shoe option, the total sale can extend to 6% of the company's equity.  

Retail investors, categorised by an authorised capital limit of ₹2 lakh, have a 10% reservation in the base issue, supplemented by an additional 25,000 shares for eligible employees. 

Institutional Demand Sets the Pace 

As per news report, on the first day, the response from non-retail investors saw 8.91 crore bids against 2.61 crore shares available in the base issue, indicating a subscription rate of 3.41 times.  

This led the government to exercise the green shoe option. The shares have been offered at a floor price of ₹514 each. 

Company's Position in the Market 

Hindustan Copper is the sole listed pure-play copper company in India, commanding access to approximately 45% of the nation’s copper ore resources.  

This OFS is an integral part of the government’s disinvestment strategy. 

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Hindustan Copper Share Price Performance 

As of August 26, 2026, at 10:19 AM, Hindustan Copper share price on NSE was trading at ₹549.50, up by 3.16% from the previous closing price. 

Conclusion 

Hindustan Copper's OFS opened for retail investors on August 26 after institutional investors oversubscribed by 3.41 times at ₹514 per share. The government's stake sale could reach 6% upon exercising the full green shoe option. The retail segment is reserved a 10% quota from the base issue. 

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