{"id":543335,"date":"2022-12-15T10:16:26","date_gmt":"2022-12-15T04:46:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=543335"},"modified":"2022-12-15T11:56:08","modified_gmt":"2022-12-15T06:26:08","slug":"govt-to-sell-up-to-5-pc-stake-in-irctc-on-thursday-floor-price-at-rs-680-a-piece-the-government-will-on-thursday-sell-up-to-5-per-cent-stake-in-irctc-through-an-offer-for-sale-ofs-at-a-floor-price","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-sell-up-to-5-pc-stake-in-irctc-on-thursday-floor-price-at-rs-680-a-piece-the-government-will-on-thursday-sell-up-to-5-per-cent-stake-in-irctc-through-an-offer-for-sale-ofs-at-a-floor-price\/","title":{"rendered":"Govt to sell up to 5 pc stake in IRCTC on Thursday; floor price at Rs 680 a piece"},"content":{"rendered":"<p>The government will on Thursday sell up to 5 per cent stake in IRCTC through an offer for sale (OFS) at a floor price of Rs 680 a share. <\/p>\n<p>The OFS includes base issue size of 2 crore shares or 2.5 per cent stake, with an option to retain over-subscription of another 2.5 per cent, taking the total issue size to 4 crore shares or 5 per cent stake. <\/p>\n<p>At the floor price of Rs 680 a share, sale of 4 crore shares in Indian Railway Catering and Tourism Corporation (IRCTC) would fetch about Rs 2,700 crore to the exchequer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government will on Thursday sell up to 5 per cent stake in IRCTC through an offer for sale (OFS) at a floor price of Rs 680 a share. The OFS includes base issue size of 2 crore shares or 2.5 per cent stake, with an option to retain over-subscription of another 2.5 per cent, taking the total issue size to 4 crore shares or 5 per cent stake. At the floor price of Rs 680 a share, sale of 4 crore shares in Indian Railway Catering and Tourism Corporation (IRCTC) would fetch about Rs 2,700 crore to the exchequer.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-543335","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/543335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=543335"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/543335\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=543335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=543335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=543335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}