Vedanta Share Price in Focus; Offers 6.7 Crore Hindustan Zinc Shares in ₹4,500 Crore OFS

Vedanta Ltd announced an offer for sale (OFS) of up to 6,70,00,000 Hindustan Zinc shares, representing 1.59% of the paid‑up capital, with the aim of deleveraging its balance sheet and optimising the target company’s capital structure. 

Offer Details and Pricing 

The base issue comprises 3,35,00,000 shares (0.79%) with an equal number available under an oversubscription option. The floor price is set at ₹685 per share.  

At the previous close of ₹726.50, the total value of the offer is approximately ₹4,86,80,00,000, aligning with the announced ₹4,500 crore figure. 

Allocation and Bidding Process 

Non retail investors may place bids on January 28, 2026, while retail investors and any unallocated non retail bids can participate on January 29, 2026. Allocation for non retail investors follows price priority, whereas retail investors receive shares at the cut off price. 

Mutual funds and insurance companies must hold at least 25% of the non retail allocation, and retail investors are guaranteed a minimum of 10% of the total offer. 

Read More: Vedanta Grants ₹2,500 Crore Stock Options in 5 Years Covering 40% Workforce! 

Share Performance and Valuation 

Hindustan Zinc shares have risen 60% over the past two months, reflecting a broader rally in silver prices. The stock closed at ₹726.60 on the BSE, up ₹27.75 or 3.97% on the day of reporting. The company’s market capitalisation stands at ₹3,07,00,00,00,000, while Vedanta’s 61.8% holding is valued at ₹1,89,00,00,00,000. 

Ownership Structure and Recent Financial Results 

As of December 2025, promoters led by Vedanta hold 61.84% of Hindustan Zinc, the Government of India holds 27.92% (as of September 2025), and the remaining 31.93% is held by public and institutional investors.  

In the third quarter, net profit rose 47% to ₹3,879 crore, and EBITDA increased to ₹6,005 crore, marking a 34.7% year‑on‑year growth. 

Vedanta Share Price Performance  

As of January 28, 2026, at 9:22 AM, Vedanta share price on NSE was trading at ₹720.55 up by 2.14% from the previous closing price. 

Conclusion 

Vedanta’s OFS of 6,70,00,000 Hindustan Zinc shares at a floor price of ₹685 aims to reduce debt and adjust capital structure, while the target company continues to benefit from a strong share price performance and solid quarterly earnings. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.