IRFC Share Price in Focus as OFS Sees Limited Retail Participation

Shares of Indian Railway Finance Corporation (IRFC) remained in focus after the government’s recent offer for sale (OFS) witnessed limited participation from retail investors. 

The two day share sale attracted comparatively stronger interest from institutional buyers, while retail subscription levels stayed significantly below the allocated portion.

Retail Investor Response

Retail participation in the OFS remained subdued, with bids received for roughly 5.9 lakh shares against approximately 3.79 crore shares reserved for the retail category. 

The response indicated cautious sentiment among individual investors despite the availability of shares under the offering.

Institutional Investor Participation

In contrast, institutional investors showed relatively higher engagement during the first day of the issue. Exchange data indicated bids for about 22.34 crore shares, translating into a subscription level of nearly 95% within the institutional segment.

Government Decision on GreenShoe Option

Following the close of market hours on the first day, the government decided not to exercise the green shoe option associated with the OFS. The decision was taken after overall subscription levels did not justify extending the share sale beyond the base offering size.

IRFC Share Price Performance

IRFC shares traded at ₹103.24 during the afternoon session on 27 February 2026, showing marginal movement compared with the previous close of ₹103.23. The stock opened at ₹103.00 and recorded an intraday range between ₹101.73 and ₹103.75.

Read More: IRFC Board to Consider Second Interim Dividend for FY26 on March 9.

Conclusion

The OFS outcome reflects differing participation trends between institutional and retail investors. Market participants may continue to monitor trading activity and investor sentiment in the stock following the completion of the share sale process.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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