IRCTC OFS to be announced soon.
Through IRCTC IPO, government released approximately 12.5% of its stake (for 645 crore).
Through IRCTC OFS, government is expected to sell atleast 15% (to meet SEBI's max. 75% holding rules).
5-10% correction by this week?
Share price may slide further till floor price is announced and OFS process completes.