Government Announces OFS of Indian Railway Finance Corporation (IRFC) Shares
Key Event Summary
The Government of India, through the Ministry of Railways, has announced an Offer for Sale (OFS) of up to 4 % equity in Indian Railway Finance Corporation Limited (IRFC) via BSE & NSE. This move is aimed at increasing public shareholding and complying with regulatory norms.
Offer for Sale – Data Table
| Parameter | Details |
|---|---|
| Company Name | Indian Railway Finance Corporation Ltd (IRFC) |
| ISIN | INE053F01010 |
| Seller | Government of India (President of India, via Ministry of Railways) |
| Total Shares on Offer | 26,13,70,120 equity shares (Base) |
| Additional Oversubscription Option | 26,13,70,120 (up to additional 2%) |
| Total Stake on Offer | Up to 4% of paid-up equity |
| Floor Price | ₹104 per share |
| Designated Exchanges | BSE & NSE |
| OFS Date – Non-Retail (T Day) | 25 February 2026 |
| OFS Date – Retail/Employees (T+1 Day) | 26 February 2026 |
| Reservation: Mutual Funds & Insurance Cos. | Minimum 25% |
| Retail Allocation | 10% of offer |
| Employee Allocation | Up to 25,000 shares (₹2 L per employee cap) |
| Sole Broker | Goldman Sachs (India) Securities Pvt Ltd |
| Objective of OFS | Increase public shareholding / comply with SEBI MPS norms |
| Estimated Proceeds (if full 4% sold) | ~₹5,400 crore* |