IRFCNSEIndian Railway Finance Corporation Limited· FinanceHighNeutral
Announced Tue, 24 Feb, 2026 · 20:27 IST

Indian Railway Finance Corporation Limited has informed the Exchange about Revised Notice of offer for sale

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
-5.0%Reaction day
₹109.90
prior close
₹105.99
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.3%-5.3% vs market
Financial Institution peers, median of 7sector-0.9%-4.1% vs sector

On the reaction day the stock moved 5.3 pts less than Nifty 100 and 4.1 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
5m
-0.7
10m
-0.7
15m
-0.7
30m
-0.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-5.0+0.3-5.3-0.9-4.1
Next day
-6.1+0.4-6.5-0.3-5.8
2d
-6.0-0.8-5.1-1.8-4.2
3d
-9.3-2.1-7.2-4.2-5.0
4d
-10.7-3.8-6.9-7.8-2.9
5d
-9.8-2.7-7.2-6.3-3.6
1w
-11.1-5.5-5.6-8.3-2.8
15d
-13.2-9.4-3.8-8.3-5.0
1m
-13.5-8.4-5.1-7.6-5.9
2m
-3.9-4.1+0.1+6.5-10.4
3m
-8.4-4.3-4.1+2.8-11.1
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

The Government of India, acting through the Ministry of Railways as the promoter, proposes to sell up to 26,13,70,120 equity shares (2% of paid-up capital) of Indian Railway Finance Corporation (IRFC) through an Offer for Sale on the stock exchanges, with an oversubscription option for an additional 2% (totalling up to 4%). The Floor Price has been set at ₹104.00 per share, and there is no separate retail or employee discount. The OFS will take place on February 25, 2026 for non-retail investors and February 26, 2026 for retail investors and employees, with Goldman Sachs (India) Securities as the sole broker. The stated purpose is to help IRFC meet SEBI's minimum public shareholding (MPS) requirement under Rule 19(2)(b) of SCRR and LODR regulations. Up to 25,000 shares (~0.0002%) are also reserved for eligible employees, who can bid up to ₹500,000 per person.

Likely market impact

Existing shareholders should expect increased share supply in the market, which may create short-term selling pressure on the stock price, though the floor price of ₹104 provides a price anchor. The OFS is part of the government's ongoing disinvestment programme and will move IRFC closer to the mandatory minimum public shareholding threshold, improving its compliance status and free-float liquidity over time.