IRFC OFS oversubscribed 1.86 times on day 1; Govt exercises green shoe option
The government of India, acting through the Ministry of Railways, on Wednesday (June 24), has exercised the green shoe option in the offer for sale (OFS) of Indian Railway Finance Corporation Limited (IRFC). The seller has opted to sell an additional 11.24 crore shares, representing 0.86% of IRFC’s total paid-up equity share capital, over and…
