Govt to launch Bharat-22 ETF follow on offer in Feb, to raise Rs 10,000 cr

The Union government is planning to raise about Rs. 10,000 crore through a follow on offer of Bharat-22 ETF in February, an official said. “Plans are on for launching the third tranche of Bharat-22 ETF around February. The offer is likely to have a base issue size of Rs. 5,000 crore, with a green-shoe option to retain an over-subscription of equal amount, taking the total issue size to Rs. 10,000 crore,” the official said.

Source : https://www.thehindu.com/todays-paper/tp-business/govt-to-launch-bharat-22-etf-follow-on-offer-in-feb-to-raise-rs-10000-cr/article25760070.ece

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