{"id":621593,"date":"2023-12-07T10:49:59","date_gmt":"2023-12-07T05:19:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621593"},"modified":"2023-12-07T12:06:48","modified_gmt":"2023-12-07T06:36:48","slug":"centre-to-raise-around-rs-1160-crore-via-ircon-ofs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centre-to-raise-around-rs-1160-crore-via-ircon-ofs\/","title":{"rendered":"Centre to raise around Rs 1,160 crore via IRCON OFS"},"content":{"rendered":"<p>The government will sell up to 8% stake in state-run railway firm IRCON International worth around Rs 1,160 crore through an offer for sale (OFS) on Thursday-Friday. <\/p>\n<p>The floor price for the OFS is set at Rs 154\/share, at a discount of 10.5% to the closing price of IRCON on Wednesday. <\/p>\n<p>\u201cOffer for Sale in IRCON opens tomorrow for Non-Retail investors. Retail investors can bid on Friday. Govt. would divest 8% equity including Green Shoe option,\u201d Department of Investment and Public Asset Management (Dipam) said on \u2018X\u2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government will sell up to 8% stake in state-run railway firm IRCON International worth around Rs 1,160 crore through an offer for sale (OFS) on Thursday-Friday. The floor price for the OFS is set at Rs 154\/share, at a discount of 10.5% to the closing price of IRCON on Wednesday. \u201cOffer for Sale in IRCON opens tomorrow for Non-Retail investors. Retail investors can bid on Friday. Govt. would divest 8% equity including Green Shoe option,\u201d Department of Investment and Public Asset Management (Dipam) said on \u2018X\u2019.<\/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":[130,264,138],"tags":[],"class_list":["post-621593","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-railways-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621593","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=621593"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621593\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}