WebDec 14, 2024 · Government has decided to offload 5 per cent of its equity in Indian Railway Catering and Tourism Corporation (IRCTC). Shares will be sold with the help of Offer for Sale through Stock Exchanges... WebApr 6, 2024 · NEW DELHI: Shares of Indian Railway Catering and Tourism Corporation ( IRCTC) tumbled nearly 4% on Wednesday after some media reports said the government may offload shares via an offer for sale (OFS). CNBC-TV18 reported that the government may raise Rs 3,000 crore by selling a 3.5% stake in the company.
Offer for Sale (OFS) - NSE India
WebDec 10, 2024 · India Business News: The offer-for-sale for the Indian Railway Catering and Tourism Corp (IRCTC) got a good response from non-retail investors as the issue was subscribed WebDec 11, 2024 · IRCTC Offer-for-Sale (OFS) The Government of India has announced a 20% stake sale in IRCTC via an Offer-for-Sale and here are some details: Floor price: Rs. 1,367 per equity share Application date for retail investors (investment limit up to Rs 2 Lakhs): Friday, 11th December, 2024 Click here to get more details on this offer imedia past papers ocr
Govt to sell 5% of its holding in IRCTC; OFS begins today
WebDec 11, 2024 · IRCTC’s business has been impacted because of the restrictions imposed on travel on account of Covid-19. Though volumes have recovered, they are still about 4 lakh tickets per day as against 8.27 lakh a day in FY20. Analysts expect a sharp bounce back in revenues in FY22. WebDec 14, 2024 · Shares of IRCTC jumped about 6 percent in intraday trade on BSE on December 14 after its offer for sale (OFS) concluded successfully on December 11. The … WebDec 15, 2024 · The floor price for the OFS was set at Rs 680 a share. Shares of the company ended 6.2% down at Rs 689.05 on the National Stock Exchange. Given the steep discount … imedia northside ottawa