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DIPAM IRFC OFS
IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...- Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
- IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
- 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 ...
- Disinvestment Target: Can the government break the jinx?In the past, the government has missed targets set for prior financial years, the most recent being the Rs 1.75 lakh crore target for FY22,...
- Govt considering part-sale of IRFC stake through offer-for-sale routeAn inter-ministerial group, which includes officers from the Department of Investment and Public Asset Management (DIPAM) and the railways ...
- Government mops up Rs 32,835 crore from disinvestment in FY21, exceeds RE targetThe realisation is, however, lower than the record Rs 2.10 lakh crore originally budgeted. In the RE, the target was scaled down to Rs 32,0...
- SAIL OFS over-subscribed 3.6 times on day one; govt to exercise greenshoe optionEnthused by the response, the government decided to exercise the greenshoe option of another 20.65 crore shares or 5 per cent of the total ...
- IRCTC offer-for-sale: Issue subscribed nearly 2 times on first dayRetail investors will get chance to bid for IRCTC offer-for-sale (OFS) on Friday, the last day for the issue, department of investment and ...
- Govt to sell 15-20% stake in IRCTC via OFSThe government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company ...
- Govt plans further stake sale in IRCTC, invites bids from merchant bankers by Sep 10The government currently holds 87.40 per cent stake in IRCTC.To meet Sebi's public holding norm, the government has to lower its stake in t...
- E-Tailers not only ones having a sale, govt lines up PSU treatThe move is aimed at hastening the divestment process across the companies and make it a regular feature.
- Buoyancy in stocks could help govt swell its divestments kitty this yearPSU stocks have been a major beneficiary of the rally, as they have generated higher returns from their December lows compared with the ben...
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