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IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to know
Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% stake. The OFS, priced at a slight discount, saw strong institutional investor interest, leading to the exercise of the greenshoe option. Retail investors and employees can now participate in the sale, which aims to raise over Rs 2,212 crore.
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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…
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IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to know
Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% stake. The OFS, priced at a slight…
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Govt raises nearly ₹2,100 cr from IRFC share sale
Government raises ₹2,100 crore from Indian Railway Finance Corporation share sale, attracting strong investor interest.