IRFC OFS opens for retail investors today: Should you apply or avoid? Explained
IRFC OFS: The offer for sale (OFS) by railway PSU stock, Indian Railway Finance Corporation (IRFC), is set to open for retail investors today, February 26, after it failed to get full subscription from the institutional buyers.
The multibagger PSU stock’s ₹5,430 crore OFS was booked 94.98% on the first day. At an indicative price of ₹104.12 apiece, institutional investors put in bids for about ₹2,326 crore.
