Announced Tue, 23 Jun · 20:21 IST
Govt to sell up to 2.61 crore IRFC shares via OFS at floor price of Rs 91
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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
-6.6%1-day move
₹98.25
prior close
₹94.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.4-0.2-0.3-6.6-7.7-7.7-7.2-7.4-8.1-10.1-10.6——
Up moveDown movePending
AI summary
Government of India plans to sell up to 1.31 crore IRFC shares (1% of paid-up capital) as base offer, with an option to sell another 1.31 crore shares, at a floor price of Rs 91 per share. Non-retail bidding on June 24, 2026 and retail on June 25, 2026. Purpose is to meet minimum public shareholding norms under SEBI rules. No retail discount offered.
Likely market impact
Short-term price pressure likely from increased supply. Govt divestment to meet MPS norms, not company-specific concern.