Indian Railway Finance Corporation Limited (IRFC) — Offer Document | 24 February 2026(2 announcements)

Indian Railway Finance Corporation Limited (IRFC) is conducting an Offer for Sale (OFS) of ₹26.14 crores worth of shares (2% stake) at a floor price of ₹104 per share. The Government of India, through the Ministry of Railways, is selling shares via stock exchanges on February 25-26, 2026, with an optional additional 2% stake if oversubscription occurs. The offering is to achieve minimum public shareholding compliance. Goldman Sachs is the sole broker managing the OFS across BSE and NSE.

IRFC's promoter, the Government of India (Ministry of Railways), is conducting an Offer for Sale (OFS) of up to 52.27 crores equity shares (4% of total capital) on February 25-26, 2026, via BSE and NSE. The Floor Price is ₹104 per share. The base offer is 2% (26.14 crores shares) with an optional 2% oversubscription, aimed at achieving minimum public shareholding norms. Goldman Sachs is the sole broker. Retail investors receive 10% allocation with potential pricing below floor price; non-retail investors and institutional investors dominate 90% allocation. Settlement occurs T+1 to T+2 days depending on category.