IRFC OFS Opens for Retail on Feb 26 at ₹104 Floor Price

The government has fixed the floor price for the IRFC OFS at ₹104 per equity share, according to a regulatory filing by the company. The OFS will open for retail investors for bidding on Thursday, February 26, 2026. For non-retail the OFS was open on 25 Feb.

The IRFC stock hit a 2-year low at ₹104.52 per share today on NSE, its lowest level since January 2024.

Through the OFS, the Centre plans to offload up to a 4% stake in Indian Railway Finance Corporation (IRFC), a PSU under the Ministry of Railways.

At the set floor price, the stake sale could help the government raise around ₹5,430 crore. IRFC is engaged in raising financial resources from capital markets to support railway expansion and operations.

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