The President of India, acting through the Ministry of Railways, Government of India has informed the Exchange regarding update on offer for sale of Indian Railway Finance Corporation Limited
IRFC · price
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Awaiting price reaction for this filing.
The Government of India (Promoter) is conducting an Offer for Sale (OFS) of up to 26,13,70,120 equity shares (2% of paid-up capital) of IRFC on the stock exchanges. The T Day (Feb 25, 2026) for non-Retail Investors saw undersubscription of 1,18,04,243 shares. Because of this, the government has decided NOT to exercise the Oversubscription Option of an additional 2% (another 26,13,70,120 shares). The final offer size stays at 2% of paid-up equity capital. On T+1 Day (Feb 26, 2026), 3,79,41,255 shares (14.52% of the Offer) will be available for Retail Investors, and an additional 25,000 shares will be offered to Employees.
Retail investors still get a chance to bid on Feb 26, 2026 at a likely discount to market price, but the smaller-than-expected overall demand and non-exercise of the oversubscription option indicate weak investor appetite, which could weigh on short-term stock sentiment.