Announced Wed, 24 Jun · 17:58 IST
Govt exercises OFS oversubscription in IRFC, total offer rises to 1.86%
Capital Market Events View source PDF
IRFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹92.04
prior close
₹91.01
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.1+1.0+1.1-1.5-1.5-1.0-1.2-1.6-2.3-4.0-4.3——
Up moveDown movePending
AI summary
Government of India (through Ministry of Railways) is exercising the oversubscription option in its OFS of IRFC shares, adding 11,24,02,040 shares (0.86%) to the base 13,06,85,060 shares (1%). Total OFS now stands at 24,30,87,100 shares or 1.86% of paid-up capital. 10% reserved for retail and 25,000 shares for employees on June 25, 2026.
Likely market impact
Larger supply as promoter offloads more shares. Retail can bid on June 25. May create short-term pressure on stock price.