SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Govt to offload 12.5% equity in RCF via OFS route in next month

18 Feb 2013 Evaluate

The government, in order to reach its divestment target of Rs 30,000 crore by the current financial year, is planning to offload 12.5% equity in Rashtriya Chemicals and Fertilisers (RCF) through an offer for sale (OFS) route in the next month. The RCF issue is expected to hit the market on March 10, 2013. So far this fiscal, the government has raised Rs 21,500 crore through PSU stake sales, against the Budget target of Rs 30,000 crore.

The company has reported 37.13% rise in its net profit at Rs 73.98 crore for the third quarter ended December 31, 2012 as compared to Rs 53.95 crore for the same quarter in the previous year. However, total income from operation of the company has decreased by 3.04% at Rs 1567.83 crore for quarter under review as compared to Rs 1617.05 crore for the quarter ended December 31, 2011.

RCF Share Price

132.50 -1.85 (-1.38%)
24-Jun-2026 09:47 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: