NSEOffer for sale23 Jun 2026 · 23 Jun 2026, 08:21 pm
Offer for sale
Indian Railway Finance Corporation Limited · IRFC
✦ AI SummaryFundraise
The President of India, through the Ministry of Railways, announced an Offer for Sale (OFS) of up to 130,685,060 equity shares of Indian Railway Finance Corporation Limited. The floor price for the OFS is set at INR 91 per share. The offer will open for non-retail investors on June 24, 2026, and for retail investors on June 25, 2026, aiming to divest a portion of the government's stake in the company.
Analysis Scores
Earnings Impact5/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment6/10
Full Announcement
The President of India, acting through and represented by the Ministry of Railways, Government of India has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 13,06,85,060 Equity shares of face value of INR 10/- each of Indian Railway Finance Corporation Limited. Date and time of the opening of the offer for Non-Retail Investors: June 24, 2026 at 9:15 a.m.; Date and time of the closing of the offer for Non-Retail Investors: June 24, 2026 at 3:30 p.m.; Date and time of the opening of the offer for Retail Investors: June 25, 2026 at 9:15 a.m.; Date and time of the closing of the offer for Retail Investors: June 25, 2026 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be INR 91/- (Rupees Ninety One only).