New Delhi, February 24, 2026 :The President of India, performing via the Ministry of Railways, has introduced an Offer for Sale (OFS) of as much as 26,13,70,120 fairness shares of Indian Railway Finance Corporation Limited (IRFC), representing 2% of its paid-up capital, with an further 2% by way of an oversubscription possibility, totaling as much as 4% of the corporate’s fairness.
The sale will happen by way of the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) on:
-
February 25, 2026 – Non-Retail Investors (T Day)
-
February 26, 2026 – Retail Investors, Employees, and carried-forward non-retail bids (T+1 Day)
Eligible workers might also apply for as much as 25,000 shares (~₹2 lakh per worker) as a part of the Employee Offer.
Key Details of the Offer
-
Seller: President of India, Ministry of Railways
-
Company: Indian Railway Finance Corporation Limited (IRFC)
-
ISIN: INE053F01010
-
Designated Stock Exchange: NSE
-
Floor Price: ₹104 per share
-
Allocation:
-
Non-Retail: Price precedence, minimal 25% reserved for Mutual Funds & Insurance Companies
-
Retail: 10% reserved for particular person buyers, allocation at Cut-Off Price
-
Employees: Up to ₹2 lakh per worker; allocation proportionate in case of oversubscription
-
Brokers: Goldman Sachs (India) Securities Private Limited
