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Government to sell 15-20% stake in IRCTC - GKPro News Breaking

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Government to sell 15-20% stake in IRCTC

The government plans to sell about 15-20 per cent stake in IRCTC via offer for sale (OFS) and would like to complete the transaction in minimum number of tranches. Last month, the department of investment and public asset management (DIPAM) had invited bids from merchant bankers by September 10 for managing the sale in Indian Railway Catering and Tourism Corp (IRCTC).

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Sep 8, 2020 - 23:51

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The government plans to sell about 15-20 per cent stake in IRCTC via offer for sale (OFS) and would like to complete the transaction in minimum number of tranches. Last month, the department of investment and public asset management (DIPAM) had invited bids from merchant bankers by September 10 for managing the sale in Indian Railway Catering and Tourism Corp (IRCTC).