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.
Indian Railway Finance Corporation (IRFC) shares dipped 2% today as the government initiated an Offer for Sale (OFS) to divest nearly 2% stake. The OFS, valued at over Rs 2,212 crore, is now open for retail investors and employees. Institutional investors showed strong interest…
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