Govt to sell up to 2.61 crore IRFC shares via OFS at floor price of Rs 91

Capital Market Events View source PDF Explain this filing

IRFC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-6.4%Reaction day

₹98.25

prior close

₹94.00

announcement price

After-mkt

timing

Nifty 100market+0.7%-7.1% vs market

Financial Institution peers, median of 7sector+0.2%-6.6% vs sector

On the reaction day the stock moved 7.1 pts less than Nifty 100 and 6.6 pts less than its Financial Institution peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-0.4

15m

-0.2

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.4+0.7-7.1+0.2-6.6

Next day

-6.6+0.8-7.5-0.2-6.4

-7.7+0.3-8.0-0.5-7.2

-7.7+0.0-7.8-1.3-6.4

-7.2+0.6-7.9-0.0-7.2

-7.4+1.3-8.7-0.2-7.2

-8.1+2.2-10.4-0.4-7.7

15d

-10.1+0.8-10.9-3.5-6.6

-10.6-0.3-10.3-4.4-6.2

-12.5+1.9-14.3-9.5-3.0

-18.7-2.8-15.9-13.6-5.2

UpDownMarket · Nifty 100Sector · Financial Institution peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.