India set the prices for share sales in a computer maintenance and software firm and an oil retailer on Saturday as it heads into a busy week of asset sales in state-run firms.
The government has announced a string of stake sales, ahead of an early general election expected in April, to raise 145 billion rupees ($3.20 billion) from its privatisation drive.
Disinvestment Secretary Dhirendra Singh said the government fixed the floor price for the sale of shares of computer firm CMC Ltd at 475 rupees ($10.49) a share.
Singh told reporters the government fixed a floor price of 620 rupees a share for oil retailer IBP.
"As far as CMC is concerned the government has decided to fix the floor price of 475 rupees per share, instead of a price band for the offer," he said.
The government is offloading its residual stakes in three firms in which it has already shed management control - CMC, IBP and Indian Petrochemicals Corp Ltd.
The government is selling its remaining 26.25 percent stake in CMC and 26 percent in IBP.
CMC' shares were quoted at 541.90 rupees on Friday at the Bombay Stock Exchange while IBP shares ended the day at 716.50 rupees.
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