Tag
The Indian government has launched an OFS in IRFC for non-retail investors on June 29, 2026, with a floor price of Rs 91 per share and up to a 2% stake on offer including the greenshoe option. The sale adds fresh share supply to the market, which could pressure the stock in the near term.
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.
Tag
The Indian government has launched an OFS in IRFC for non-retail investors on June 29, 2026, with a floor price of Rs 91 per share and up to a 2% stake on offer including the greenshoe option. The sale adds fresh share supply to the market, which could pressure the stock in the near term.
Yesterday · 3 min · Markets
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
— End of feed —