IRFC

OFS opens today, govt looks to offload 4% stake: Who's eligible to bid? Check full details

According to the exchange filing, “The President of India, acting through and represented by the Ministry of Railways, Government of India, is the promoter of Indian Railway Finance Corporation Limited (the ‘Promoter’). The Promoter (‘the Seller’) proposes to sell up to 26,13,70,120 equity shares of the Company (representing 2% of the total paid‑up equity share capital) on February 25, 2026 (T day) for non‑Retail Investors only.” The offer will remain open for retail investors and employees on February 26, 2026. The government has also kept an additional greenshoe option. The filing states that the Seller has the option “to additionally sell 26,13,70,120 equity shares (representing 2% of the total issued and paid‑up equity share capital)… collectively representing 4% of the total issued and paid‑up equity share capital of the Company.” If fully subscribed, the combined sale would amount to a 4% divestment of the government’s holding.