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IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe option
The governments offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.86 times on Wednesday. Following the robust demand, the Centre will exercise the greenshoe option, allowing it to sell an additional 1% stake in the railway financing company through the OFS route.
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thehindubusinessline.com
Government to sell up to 2 per cent stake in IRFC via offer for sale
Government to sell up to 2% stake in IRFC via OFS from Wednesday with green shoe option; retail bidding opens Thursday amid ongoing PSU disinvestment drive.
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economictimes.indiatimes.com
Govt to sell up to 2% stake in IRFC via OFS; issue opens Wednesday
The government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale is part of the Centre's disinvestment…
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timesofindia.indiatimes.com
Govt to sell up to 2% in IRFC at Rs 91/share - The Times of India
India Business News: New Delhi: Govt will sell up to 2% stake in IRFC at a floor price of Rs 91 per share starting Wednesday. Over 26.1 crore shares will be put on offer i.
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IRFC, Infosys, Honasa Consumer, Rashi Peripherals, NLC India among a dozen stocks to be in focus today
Key stocks to watch on June 24 include IRFC, Infosys, Honasa Consumer, and others amid significant announcements and collaborations.
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IRFC shares in focus as OFS opens for non-retail investors. Here’s what shareholders should know
IRFC shares will be in focus as the government's OFS opens for non-retail investors, with a 1% stake on offer and a greenshoe option for an additional 1%. The floor price has been…
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IRFC shares tumble nearly 6% as OFS opens for non-retail investors today, Govt to sell 2% stake
Shares of Indian Railway Finance Corporation (IRFC) fell nearly 6 per cent on Wednesday after the government launched an offer for sale (OFS) to divest up to a 2 per cent stake in…
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IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe option
The governments offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.86 times on Wednesday. Following the…