New Delhi, February 26: The government’s offer for sale of a 2 percent stake in Indian Railway Finance Corporation Ltd failed to garner full subscription on the final day, as both institutional and retail investors showed limited interest in the issue.The two day OFS, which opened on February...
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High Speed Rail and Freight Corridors Set to Drive ₹2 Lakh Crore Financing Opportunity
State owned Indian Railway Finance Corporation Ltd is positioning itself at the center of a major railway expansion cycle following the Union Budget announcements. The proposed seven high speed rail corridors...
IRFC Shares Fall 4% as Government OFS Opens for Subscription; Key Details for Investors
Shares of Indian Railways Finance Corporation Ltd. declined up to 4% on Wednesday, February 25, as the Government’s Offer For Sale opened for non retail investors, triggering fresh supply pressure in the...
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Government to Divest Up to 4% Stake in Indian Railway Finance Corporation via OFS
The Government of India will divest up to a 4 percent stake in Indian Railway Finance Corporation Ltd through an Offer for Sale, beginning Wednesday. The move is part of the government’s ongoing stake dilution in...
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