Govt to sell all stake in Maruti
Govt to sell all stake in Maruti
The government has got Rs 1,567 crore from the Maruti stake sale, and is considering selling the remaining stake as well.

New Delhi: The government has got Rs 1,567 crore from the Maruti stake sale, and is considering selling the remaining stake as well. The book closing price is at Rs 660 per share and 20 shares will be offered to 3,609 employees at Rs 660 per share.

The divestment of Maruti's stake has given the government Rs 1,567 crore, and the government is considering selling the remaining stake as well.

LIC will be getting 5.8 per cent stake, which is 1.68 crore shares, LIC has bid at Rs 682 per share. Likewise, SBI will be getting 39.2 lakh shares at Rs 660 per share, Corporation Bank has bid at Rs 690 per share and Exim Bank has bid at Rs 680 per share.

Indian Bank has put its bid at Rs 670 per share, and that for Union Bank is at Rs 665 per share.

The average sale price is at Rs 678, and the highest bid has been put by SIDBI at Rs 725 per share.

The floor price is at Rs 620, and the book closing price is at Rs 660 per share and 20 shares will be offered to 3,609 employees at Rs 660 per share.

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