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GOVERNMENT DISINVESTMENT IN 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 ...25 Feb, 2026, 06.04 AM IST- CPSE dividends cross FY24 revised estimate in 11 monthsThe interim budget last month estimated such dividend receipts at ₹50,000 crore for the current fiscal, higher than the initial target of ₹...02 Mar, 2024, 05.12 PM IST
- 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,...24 Sep, 2023, 01.05 PM IST
- 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 ...17 Aug, 2023, 12.10 AM IST
- 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...31 Mar, 2021, 07.00 PM IST
- Govt to get Rs 1,544 cr from IRFC IPOThe Rs 4,633 crore IPO of Indian Railway Finance Corporation (IRFC) was subscribed 3.49 times on the final day of bidding on Wednesday.20 Jan, 2021, 10.21 PM IST
- 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 ...09 Sep, 2020, 08.39 AM IST
- 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...20 Aug, 2020, 04.30 PM IST
- Govt targets IRCTC, IRFC IPOs by Sept, to raise Rs 1,500 croreIRCTC IPO could fetch about Rs 500 crore, while IRFC could garner close to Rs 1,000 crore.17 Apr, 2019, 07.07 PM IST
- IRCON gets Sebi nod for IPO, issue likely in SeptemberThe share sale is expected to fetch about Rs 500 crore to the exchequer.15 Jul, 2018, 03.58 PM IST
- 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.08 Jul, 2018, 12.56 PM IST
- FinMin relaxes norms for bankers for RVNL stake saleThe monetary limit was Rs 500 crore in the first RFP which was floated by the DIPAM in April for handling the IPO of Rail Vikas Nigam Ltd (...26 May, 2017, 04.33 PM IST
- 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...20 Feb, 2017, 11.44 AM IST
- Disinvestment receipts to touch Rs 45,000 crore: Arun JaitleyGovt has already raised about Rs 30,000 crore through minority share sale by way of Offer for Sale, share buyback and CPSE ETF, so far in t...04 Feb, 2017, 10.02 PM IST
- Budget 2017: Govt hopes to get Rs 72,500 crore through disinvestmentThe disinvestment target, which experts say is achievable, has allowed the government to step up capital spending while keeping fiscal expe...02 Feb, 2017, 01.09 AM IST
- Get ready for new ETF, M&A deals in oil & gas, commodity market reformsThe FM pledged to create an integrated public sector ‘oil major’ that he said will match the performance of private oil and gas companies g...01 Feb, 2017, 04.38 PM IST
- Government looking at stake sale in Rail infrastructure companiesThere are about half a dozen companies which are managed by Indian Railways. These include RITES, IRCON, IRFC, IRCTC, and RailTel Corporati...22 Jul, 2014, 02.46 PM IST
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