IRFC OFS Opens for Retail Investors 2026 | Share Price and Subscription

Shares of Indian Railway Finance Corporation (IRFC) saw a modest rise of around 1 percent on 26 February 2026 as the retail portion of its Offer for Sale (OFS) commenced. The stock touched a high of ₹105.30 during the trading session, reflecting investor attention ahead of the retail bidding.

The government has put up over 26.13 crore equity shares for sale in a two-day OFS, representing a 2 percent stake in IRFC. The floor price for the offer has been fixed at ₹104 per share. On the first day of the OFS, institutional investors placed bids for about 22.34 crore shares, accounting for 94.98 percent of the shares reserved for that category.

After the initial institutional bidding phase did not achieve full subscription, the retail portion opened on 26 February 2026, allowing individual investors to participate. Following the divestment, the government will continue to hold a major 86.36 percent stake in IRFC.

IRFC OFS Investors’ Response

IRFC OFS Bidding Timeline