IPO SnapShot

Indian Railway Finance Corporation Ltd.
Issue Open Date 18-Jan-21  
Issue Closing Date 20-Jan-21  
Application Money 100  
Allotment Money  
Price Band (Rs.) 25 - 26  
Minimum Bid Quantity. 575  
Issue Size (Shares) 1782069000  
Market Lot 1  
Objective :

The Net Proceeds are proposed to be utilised towards funding of the following objects:(1) Augmenting our equity capital base to meet our future capital requirements arising out of growth in ourbusiness; and(2) General corporate purposes.

Business Description

Indian Railway Finance Corporation Limited is the dedicated market borrowing arm of the Indian Railways. Its primary business is financing the acquisition of rolling stock assets,...

Promoter's Holding
Total Share Capital   11880460000  
Offered to Public   1782069000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   86.36  
U G - Floor
East Tower
N B C C Place
Bhisham Pitamah Marg
Pragati Vihar
Lodhi Road
New Delhi ,
Delhi ,
Phone : 011-24369766 - 69
Email : info@irfc.nic.in
Website : www.irfc.co.in
K FIN Technologies Pvt Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Financial District
Listed at
Lead Manager
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
HSBC Securities & Capital Markets (India) Pvt Ltd
ICICI Securities Ltd
SBI Capital Markets Ltd
The President of India

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Findoc Commodities Pvt. Ltd.

Registered Office :

4th Floor.Kartar Bhawan. Near PAU
Gate No.l. Ferozepur Road, Ludhiana -141001.


Registered Office :

SCO 210-211, Sector 34-A Chandigarh-160022

Corporate Office :

4th Floor, Kartar Bhawan, Near PAU Gate No.1, Ferozepur Road Ludhiana -141001.