The government is offering a 3% stake, with an option to sell an additional 3% stake, at a floor price of ₹514 per share.
The floor price represents a discount of around 9.5% to Hindustan Copper’s Monday closing price of ₹567.90.
If the full 6% stake is sold, the government could raise around ₹3,000-3,200 crore through the OFS.
As of June 2026, the government held a 66.14% stake in Hindustan Copper. Foreign institutional investors held 5.96%, while domestic institutional investors owned 4.84%.
What makes Hindustan Copper stand out?
Hindustan Copper is India’s only listed pure-play copper producer, giving investors direct exposure to the country’s copper demand and the broader energy-transition theme.
The company also has access to around 45% of India’s copper ore reserves and resources, according to Anand Rathi estimates.
| FY26 | FY28E | |
|---|---|---|
| EPS | ₹9.5 | ₹20.7 |
| P/E | 54x | 25x |
Based on Anand Rathi’s estimates, the stock’s valuation could moderate significantly if earnings growth materialises, with the forward P/E falling from around 54x in FY26 to 25x by FY28E.Hindustan Copper shares settled 0.84% lower at ₹567.90 on Monday. The stock has gained around 9% so far in 2026.
