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IRFC Shares Gain Focus After Government Opts Against Greenshoe Option in OFS
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IRFC Shares in Focus: Govt Skips Greenshoe Option in OFS Amid Undersubscription
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CNBC TV18
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26-02-2026, 08:01
IRFC Shares in Focus: Govt Skips Greenshoe Option in OFS Amid Undersubscription
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IRFC shares to be in focus after government decides not to exercise the greenshoe option in its Offer For Sale (OFS).
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The government will not sell an additional 2% stake due to undersubscription of 1.18 crore equity shares on Wednesday.
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The total offer size will remain at the base offer of 26.13 crore equity shares, or 2% of the company's outstanding.
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Non-retail investor portion was subscribed 95% on Wednesday; 3.79 crore shares available for retail investors.
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IRFC CMD Manoj Kumar Dubey expects full financial year sanctions between ₹80,000 crore to ₹90,000 crore.
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