Government of India Announces OFS of Indian Railway Finance Corporation Limited (IRFC) Shares via BSE & NSE

New Delhi, February 24, 2026 :The President of India, acting through the Ministry of Railways, has announced an Offer for Sale (OFS) of up to 26,13,70,120 equity shares of Indian Railway Finance Corporation Limited (IRFC), representing 2% of its paid-up capital, with an additional 2% via an oversubscription option, totaling up to 4% of the company’s equity.

The sale will take place via 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 employees may also apply for up to 25,000 shares (~₹2 lakh per employee) as 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 priority, minimum 25% reserved for Mutual Funds & Insurance Companies

  • Retail: 10% reserved for individual investors, allocation at Cut-Off Price

  • Employees: Up to ₹2 lakh per employee; allocation proportionate in case of oversubscription

Brokers: Goldman Sachs (India) Securities Private Limited