Govt to sell up to 5% stake in IRCTC; floor price at Rs 680 a piece

The government will on Thursday sell up to 5 per cent stake in IRCTC through an offer for sale (OFS) at a floor price of Rs 680 a share. The OFS includes base issue size of 2 crore shares or 2.5 per cent stake, with an option to retain over-subscription of another 2.5 per cent, taking the total issue size to 4 crore shares or 5 per cent stake.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/m7oth1f