Public Market

Other Deals - Listed Firms

Govt to sell 2% stake in IRFC via OFS

Business Line   Indian Railway Finance Corporation  

The union government plans to initiate an offer for sale (OFS) of a 2% stake in New Delhi-based listed PSU Indian Railway Finance Corporation (IRFC). The transaction includes a base offer of 1% equity, with an additional 1% available through a green shoe option. Non-retail investors are eligible to bid on Wednesday, while retail investors will be permitted to participate on Thursday.The proceeds from this stake sale will contribute to the government's broader disinvestment program, which has generated INR 16,480 crore in the current fiscal year through similar stake sales in various banks and public sector enterprises.

For FY26, Indian Railway Finance had reported about INR 27,284 Cr in Operating Income and about INR 7,009 Cr in PAT.