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IRFC DIVESTMENT
IRFC OFS open for retail investors today. Should you wait or subscribe?IRFC's Offer for Sale (OFS) opened flat at Rs 104, with the government divesting a 2% stake. The issue saw 95% subscription from non-retail...- IRFC shares in focus as government won’t exercise greenshoe option in OFS; retail participation opens todayIRFC shares are in focus after the government chose not to exercise the greenshoe option in its OFS amid undersubscription from institution...
- Analysts cautious on IRFC OFS, see limited upsideThe government is selling a stake in Indian Railway Finance Corporation. Analysts suggest caution for investors. The offer for sale aims to...
- IRFC shares decline 4% as government plans to divest 4% via OFS. Check floor price, other detailsThe government will sell up to 4% of its stake in Indian Railway Finance Corporation. The Offer for Sale begins Wednesday for institutional...
- Stocks in news: IRFC, Voltas, IDFC First Bank, Alembic Pharma, LupinMarkets declined sharply on Tuesday due to weak global cues, with the Nifty retesting crucial support near 25,400. Several stocks like IRFC...
- Govt to divest up to 4% in IRFC via OFS at Rs 104/ ShareThe government is divesting up to a 4% stake in Indian Railway Finance Corporation (IRFC) through an offer for sale. The divestment begins ...
- Govt to divest up to 4% stake in IRFC via OFS starting Wednesday, sets floor price at Rs 104 per shareGovernment will sell up to 4% stake in Indian Railway Finance Corporation (IRFC) via an offer for sale (OFS) which opens on Wednesday for n...
- IRFC shares rally 4% after securing Navratna status from Indian governmentIRFC share price: The Department of Public Enterprises announced on Monday that IRFC and Indian Railway Catering and Tourism Corporation (I...
- PSUs lose Rs 2.41 lakh crore in a single dayThe losses incurred on Tuesday represent almost one-fourth of the gains posted since December 3.
- Momentum Pick: Up 261% in 1 year! Multibagger IRFC can rally another 57%. Here’s whyIRFC has outperformed not just Nifty50 which has given 13% returns, but has also left behind many of its peers by a huge margin, namely Irc...
- Government plans stake sale of state-owned IRFC: Report"The stake sale would take place soon," a government official said, adding that while the government is yet to decide the exact quantum of ...
- IRFC's over Rs 4,600-crore initial public offer to open on January 18The government has set a target of raising Rs 2.1 lakh crore through divestment in current fiscal year.
- IRFC files IPO papers with Sebi; raises issue sizeThe net proceeds are proposed to be utilised towards augmenting the company's equity capital base to meet future capital requirements arisi...
- Divestment plan back on track; govt not planning more ETFs: DIPAMThe strategic disinvestment was back on track and several initial public offer (IPO) transactions are planned, said Pandey.
- IRFC IPO likely by December-end, to fetch about Rs 500-1,000 croreIRFC raises funds from capital markets for funding expansion plans of the Indian Railways.
- After IRCTC IPO, government may divest stake in two more railway firmThe price band of the public issue is fixed at Rs 315 to Rs 320 per equity share.
- Govt to divest 25% in RailTel, invites bids from merchant bankers to manage IPOAs on March 31, 2018, RailTel Net worth stood at Rs 1,249 crore.
- IRFC, IRCON may hit capital market by September, to raise Rs 1,500 croreThe government is divesting 10 per cent stake or over 99 lakh shares through the IRCON IPO.
- IRFC gets Rs 6,300 crore as accounting norms changeIn the case of IRFC, since its business continues to grow year after year, the accretion of DTL is much greater than reversal.
- Finance Ministry kickstarts listing process of IRCTC, IRFC and IRCON"The shares of Railway public sector enterprises (PSEs) like IRCTC, IRFC and IRCON will be listed in the stock exchanges," Jaitley had said...
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