Amount raised: Nearly Rs 3,000 crore from Hindustan Copper OFS
GK and monthly revision
Government mobilises about Rs 3,000 crore from Hindustan Copper OFS
The government raised nearly Rs 3,000 crore through an Offer for Sale (OFS) of Hindustan Copper shares, exercising the full greenshoe option to sell over 5.8 crore shares. Retail participation exceeded expectations, contributing to strong disinvestment momentum. Total disinvestment receipts for FY25 now approach Rs 55,700 crore, nearing the Rs 80,000 crore annual target. This marks a significant step in the Centre's asset monetisation and fiscal consolidation strategy.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
Shares sold: Over 5.8 crore shares with full greenshoe option exercised
FY25 disinvestment collection so far: Rs 52,716 crore before this tranche
Cumulative disinvestment receipts now approach Rs 55,700 crore
Annual disinvestment target for FY25: Rs 80,000 crore
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