Indian Overseas Bank OFS Today: Govt Exercises Green Shoe Option as IOB Shares Slide; Retail Bidding Opens at ₹34 Floor
Indian Overseas Bank expanded its offer for sale on December 18, 2025, adding 7.61 crore shares through a partial green shoe option, bringing the total to 46.12 crore shares. The stock traded near the ₹34 floor price, down 0.64% on BSE. The government, holding 94.61% of IOB, is selling shares over two days, with retail bidding open Thursday.