The government is going to sell 20 per cent of its stake in National Fertilizers (NFL) through an offer for sale and has invited bids from merchant bankers for managing the share sale. The deadline for submitting the bids is March 2.
National Fertilizers is second largest producer of Nitrogenous Fertilizers in the India commanding 16.5% of market share. The company also manufactures spectrum of industrial products which include Methanol, Sodium Nitrate, Sodium Nitrite, Nitric Acid, Sulphur, Liquid Oxygen, Liquid CO2, Liquid Nitrogen etc.
