IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to know (opens original article in a new tab)

IRFC shares declined 2% as the government launched an OFS to sell a 2% stake, with retail investors now able to participate after strong institutional interest.

• IRFC shares fell 2% as the government initiated an OFS to divest nearly 2% stake.
• The OFS, priced at a 2% discount, saw strong institutional interest and the greenshoe option was exercised.
• Retail investors and employees can participate in the sale, which aims to raise over Rs 2,212 crore.