IRFC OFS opens for retail investors today. Should you participate? (opens original article in a new tab)

Indian Railway Finance Corporation (IRFC) share price fell 1% on 25 June as the offer for sale (OFS) opened for retail investors, with non-retail investors fully subscribing to the OFS. The government is offering a 2% stake in IRFC through a base issue and greenshoe option, part of its ongoing divestment program. Analysts suggest retail investors avoid the OFS for quick gains due to weak institutional demand, while long-term investors may consider it for dividend income and gradual appreciation.

• IRFC share price fell 1% on 25 June as OFS opened for retail investors
• Non-retail investors fully subscribed to OFS with 1.86 times bids for their category
• Government offered 2% stake in IRFC through base issue and greenshoe option
• Analysts suggest retail investors avoid OFS for quick gains due to weak institutional demand
• Long-term investors may consider OFS for dividend income and gradual appreciation
• OFS is part of government's divestment program with ₹80,000 crore target for FY27