India plans to sell up to four percent stake in Indian Railway Finance Corp
India will sell up to a four percent stake in Indian Railway Finance Corp starting Wednesday. The offer is priced at a discount to attract new investors.
Insights:
The Government of India 
IN announced on February 24, 2026, that it will divest an up to 4% stake in the Indian Railway Finance Corporation Limited through an offer-for-sale. The government will initially sell a 2% stake over the next two days, with an option to sell a further 2% depending on investor response. The shares carry a floor price of 104 rupees, a move that is expected to increase the supply of the stock and alter the state's ownership stake.
IN announced on February 24, 2026, that it will divest an up to 4% stake in the Indian Railway Finance Corporation Limited through an offer-for-sale. The government will initially sell a 2% stake over the next two days, with an option to sell a further 2% depending on investor response. The shares carry a floor price of 104 rupees, a move that is expected to increase the supply of the stock and alter the state's ownership stake.Bids for the offer-for-sale are scheduled to open on February 25 for non-retail investors and on February 26 for retail investors. As the financing arm of Indian Railways, the corporation is currently 86.36% owned by the state. This transaction will modify the government's ownership level and affect the near-term share float as part of its broader fundraising efforts.
