IRCON's offer for sale to open for non-retail investors on Thursday

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New Delhi [India], December 6 (ANI): The offer for sale (OFS) in IRCON will open on Thursday for non-retail investors, the Department of Divestment said in an X post...

Ircon International, or Indian Railway Construction International Limited, is an Indian engineering & construction corporation, specialized in transport infrastructure..

The central government would divest 8 per cent shares in IRCON, including the green shoe option, the X post said...

In financial markets parlance, the green shoe option is a provision that grants the seller the right to sell investors more shares than initially planned by the issuer if the demand proves higher than expected..