NSE schedules IRFC OFS at ₹91 floor price, up to 26.14 cr shares on block
NSE will conduct a two-day OFS for Indian Railway Finance Corporation on June 24–25, 2026, at a floor of ₹91 per share. The combined base and oversubscription offer totals up to approximately 26.14 crore shares.
What changed
- NSE announced a proposed OFS for IRFC with a floor price of ₹91 per share.
- Base offer size: up to 13,06,85,060 shares; oversubscription option of equal size available.
- Employee category: 25,000 shares; bidding categories for retail (≤₹2 lacs) and non-retail.
The read
NSE just laid out the terms for the IRFC OFS, a major public sector enterprise equity event. The base offer of 13,06,85,060 shares can double if the seller opts for oversubscription, making the total potential supply approximately 26.14 crore shares at a floor price of ₹91—a liquidity event that will test market appetite. Retail and employee categories get dedicated bidding windows, but the real action is in the non-retail bucket. Members must get their UCC compliance and eOFS platform access sorted by June 23 or risk being locked out. This is a high-consequence operational event, not a regulatory change.
Primary source: official circular (PDF)