Tag
The Indian government's Rs 2,212 crore IRFC offer for sale opens for retail investors today at a floor price of Rs 91 per share. The institutional tranche was oversubscribed, and a greenshoe option could push total proceeds higher.
IRFC shares dropped nearly 6% on June 24, 2026, as the government opened an Offer for Sale for non-retail investors at a floor price of Rs 91 per share, a 7.79% discount to the previous close. The discount shifts institutional demand away from the open market, depressing the traded price during the OFS window.
NHPC shares fell nearly 6% after the Indian government announced an offer for sale of a 6% stake at a floor price of ₹71 per share. The large supply hitting the market at a set floor price typically drives short-term selling pressure on the stock.
Tag
The Indian government's Rs 2,212 crore IRFC offer for sale opens for retail investors today at a floor price of Rs 91 per share. The institutional tranche was oversubscribed, and a greenshoe option could push total proceeds higher.
2d ago · 3 min · Markets
IRFC shares dropped nearly 6% on June 24, 2026, as the government opened an Offer for Sale for non-retail investors at a floor price of Rs 91 per share, a 7.79% discount to the previous close. The discount shifts institutional demand away from the open market, depressing the traded price during the OFS window.
6d ago · 4 min · Markets
NHPC shares fell nearly 6% after the Indian government announced an offer for sale of a 6% stake at a floor price of ₹71 per share. The large supply hitting the market at a set floor price typically drives short-term selling pressure on the stock.
23d ago · 3 min · Markets
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