Coal India OFS: A Golden Opportunity to Buy Coal India Shares at a 10% Discount—Government Selling Stake Coal India OFS: A Golden Opportunity to Buy Coal India Shares at a 10% Discount, Government is Selling Stake

If you invest in the share market and want to include the stock of a government Maharatna company in your portfolio, then there is a very important news for you. The central government is going to sell its stake in Maharatna company Coal India Limited.

The government has officially announced Offer for Sale (OFS) for it on Tuesday evening. The special thing is that under this OFS, investors are getting the opportunity to buy Coal India shares at a huge discount of about 10% from the current market price. As soon as the market opened on Wednesday after this news, Coal India’s shares fell by more than 6% to reach the level of ₹ 427.80. Let us know every small and big detail related to this offer for sale.

Floor price fixed at ₹412

The government has made this offer for sale. Floor price of ₹412 per share Have decided.

Discount Mathematics: On Tuesday, Coal India shares closed at ₹458.25 on Bombay Stock Exchange (BSE). In this regard, the floor price decided is about 10% less than the market price, which can prove to be a directly profitable deal for investors.

Government will sell up to 2% stake: will raise ₹5,000 crore

The government is going to disinvest up to 2% of its total stake (equity) in Coal India Limited through this offer for sale:

• Base Offer Size: Initially the government will sell 6.16 crore shares of the company, which is equal to 1% of the total stake.

• Oversubscription Option: If there is high demand from investors, the government also has a ‘green shoe option’ to sell additional 1% stake (6.16 crore shares).

• Total Offer Size: Including both the options, the government will sell a total of 12.32 crore shares (2% stake) in the market. By selling this stake at the floor price of ₹412, the government will get revenue of more than ₹5,000 crore.

Important dates for retail and non-retail investors

If you wish to bid in this OFS, note these dates in your diary:

• 27 May (Wednesday): This offer for sale is open for non-retail investors (institutional and large investors) from today. Along with this, a big block deal of 16 lakh shares of Coal India has also been seen in the market this morning.

• 28 May (Thursday): On this day, there will be an official holiday in the stock market on the occasion of Bakrid (Eid-al-Adha), hence there will be no trading or OFS process.

• May 29 (Friday): This offer for sale for the general public i.e. retail investors will open on Friday, where small investors will be able to bid to avail the 10% discount.

Note: According to the latest shareholding data till March 31, 2026, the total stake of the government in Coal India is more than 63%.

How has been the share performance of Coal India? (Long Term Return)

Coal India Limited shares have proven to be an excellent wealth creator for long-term investors. Not only is this company on top in terms of giving dividends, its return figures are also very attractive:

Market Analysts Opinion: Experts believe that this OFS of Coal India, available at 10% discount, can prove to be a good entry point for investors who are looking for long-term, safe and regular dividend giving PSU stocks. However, in the short-term the stock may see some pressure due to government disinvestment.