Sector & Market
Indian Railway Finance Corporation 1.86% Stake OFS
Bulk Deal
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
24th Jun 2026
BSE Scrip: Not Specified
Announcement Date: June 24, 2026
Offer Details:
- Type of Transaction: Offer for Sale (OFS) through stock exchange mechanism
- Seller (Promoter): President of India, acting through the Ministry of Railways, Government of India
- Number of Shares Offered: 243,087,100 Equity Shares (total Offer Size after oversubscription)
- Percentage of Paid-Up Equity: 1.86% of total paid-up equity share capital
- Base Offer Size: 13,06,85,060 Equity Shares (1% of paid-up capital)
- Oversubscription Option Exercised: 112,402,040 Equity Shares (0.86% of paid-up capital)
- Employee Allocation: 25,000 Equity Shares (0.0002% of paid-up capital)
Timelines:
- T Day (Non-Retail Investors): June 24, 2026
- T+1 Day (Retail Investors and Carry-Forward Bids): June 25, 2026
- Bidding Hours: Not Specified
Pricing & Allocation:
- Floor Price: Not Specified
- Retail Discount: Not Specified
- Allocation Method:
- Retail Category: 24,308,711 Equity Shares (10% of total Offer Size)
- Employees: 25,000 Equity Shares
- Non-Retail Category: Remaining shares after retail and employee allocation
Brokers & Settlement:
- Seller's Brokers: Not Specified
- Settlement Broker: Not Specified
- Settlement Timelines: Not Specified
Withdrawal & Cancellation Conditions:
- Withdrawal: Not Specified
- Cancellation: Not Specified
- Cooling-off Period Post Withdrawal: Not Specified
Other Noteworthy Information:
- The Offer is conducted through separate designated windows of BSE Limited and National Stock Exchange of India Limited
- The transaction follows SEBI circulars for OFS mechanisms
- The Notice dated June 23, 2026 served as the initial communication to stock exchanges
- Rahul Kapoor, Executive Director-Finance (Resource Mobilisation & Public Private Partnership) is the authorized signatory for this transaction