Indian Railway Finance Corporation Ltd.
Issue Open Date 18-Jan-21  
Issue Closing Date 20-Jan-21  
Application Money 100  
Allotment Money  
Price Band () 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, which includes both powered and unpowered vehicles, for example locomotives, coaches, wagons, trucks, flats, electric multiple units, containers, cranes, trollies of all kinds and other items of rolling stock componen...

Promoter's Holding
Total Share Capital   11880460000  
Offered to Public   1782069000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   86.36  
Address
Address :U G Floor
East Tower
N B C C Place
Bhisham Pitamah Marg
Lodhi Road
Pragati Vihar
City :New Delhi, State :Delhi Pincode :110003 Phone :011-24361480 Email : info@irfc.co.in Website : www.irfc.co.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
HSBC Securities & Capital Markets (India) Pvt Ltd
ICICI Securities Ltd
SBI Capital Markets Ltd
Promoters
The President of India

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