The government is likely to sell shares in two fertiliser companies -- RCF and NFL -- by December-end to garner over Rs 1,200 crore. The offer for sale (OFS) would be for 10 per cent of government stake in Rashtriya Chemicals & Fertilizers (RCF) and 20 per cent in National Fertilizers (NFL).
RCF, a Government of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Government of India. The company manufactures Urea, Complex Fertilizers, Biofertilizers, Micronutrients, 100 percent water soluble fertilizers, soil conditioners and a wide range of Industrial Chemicals.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 2051.75 |
| National Fertilizers | 77.40 |
| RCF | 131.70 |
| Chambal Fert & Chem | 454.15 |
| Paradeep Phosphates | 124.40 |
| View more.. | |
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