Govt raises about Rs 2,084 crore through IRFC OFS, 22.88 crore shares sold
New Delhi, June 25 -- The Government of India has raised an estimated Rs 2,084 crore through the Offer for Sale (OFS) of Indian Railway Finance Corporation (IRFC), with the issue receiving strong participation from both institutional and retail investors.
Sharing the update in a social media post on Thursday, the Secretary, Department of Investment and Public Asset Management (DIPAM), said the OFS witnessed an enthusiastic response from retail investors.
"The OFS for Indian Railways Finance Corporation (IRFC) closed with an enthusiastic response from the retail investors. Combined with the institutional investors, 22.88 crore shares were sold to the minority shareholders over the two trading days for an estimated amount of Rs 2,084 cror...
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