Archive · 3 Dec 2025
Bank of Maharashtra OFS Opens for Retail Investors
The Bank of Maharashtra is offering some of its shares to the public through an OFS.
The government wants to sell up to 6% of its shares, but if there's a lot of interest, they might sell even more.
Retail investors can buy these shares starting on Wednesday, 3 December.
They need to use their trading or demat accounts to place bids.
The price for each share is at least ₹54.
The government currently owns 79.60% of the bank, and after the OFS, they will own less than 75%.
Analysts think the bank's shares could be worth more in the future.
Retail investors can participate in Bank of Maharashtra's OFS starting Wednesday, 3 December.
The OFS follows a robust response from non-retail investors, with the issue subscribed 400% over the base size.
The government has decided to exercise the green shoe option, allowing the sale of additional shares if demand is high.
Retail investors must place bids through their trading or demat accounts, specifying the number of shares and bid price.
The government aims to divest up to 6% of its stake, reducing its shareholding from 79.60% to below 75%.
- Who
- Retail investors and the Government of India
- What
- Offer-for-sale (OFS) of Bank of Maharashtra shares
- When
- Retail OFS opens on Wednesday, 3 December
- Where
- Through trading or demat accounts via brokers
- Why
- To divest up to 6% of the government's stake, with a possible 6% divestment if the green shoe option is fully subscribed
- OFS Opening Date for Retail Investors
- Wednesday, 3 December
- Floor Price per Share
- ₹54
- Government Stake Before OFS
- 79.60%
- Government Stake After OFS
- Below 75%
- Bank of Maharashtra Share Price on Tuesday
- ₹56.57 (intraday)
- Total Shares Offered
- 46.14 crore (6% stake)
- Expected Government Revenue
- Over ₹2,600 crore
Sources
Bank of Maharashtra OFS explained: How retail investors can participate in it
6% stake sale in BoM to fetch govt Rs2,492 cr
Bank of Maharashtra OFS: Last day for retail investors; here's how they can participate
