Indian Railway Finance Corporation Limited IPO

Indian Railway Finance Corporation Limited IPO Details, Financials, Subscription Status, GMP & More.

Indian Railway Finance Corporation Limited Logo
Indian Railway Finance Corporation Limited IPO Details & Company Portfolio / Business Model: Incorporated in 1986, the Indian Railway Finance Corporation (IRFC) is a public-sector enterprise that is wholly owned by the Government of India. IRFC is primarily engaged in financing the acquisition of rolling stock assets, leasing railway infrastructure assets, and lending to entities under the Ministry of Railways (MoR). Being the borrowing arm of Indian Railways, IRFC is responsible to raise funds for MoR that is required to procure rolling stock assets (wagons, trucks, electric multiple units, locomotives, coaches), its improvement, expansion, and assets management.
You can also check more Indian Railway Finance Corporation Limited IPO’s latest news from this portal. Our aim is to keep you up to date on Upcoming IPO information.

IRFC IPO Details

IPO Opening Date Jan 18, 2021
IPO Closing Date Jan 20, 2021
Type Of Issue Book Built Issue IPO
Current Face Value ₹10 per equity share
IPO Price ₹25 to ₹26 per equity share
Market Lot Size 575 Shares
Minimum Order Quantity 575 Shares
Will Be Listed At BSE, NSE
Issue Size 1,782,069,000 Eq Shares of ₹10
(aggregating up to ₹4,633.38 Cr)
Fresh Issue 1,188,046,000 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Offer for Sale 594,023,000 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)

Indian Railway Finance Corporation Limited IPO Prospectus

This post shows all information about Indian Railway Finance Corporation Limited IPO. You can check more detailed information like promoter names of this IPO and more information about the IPO lot size from this page itself.

Company Financial Reports

Summary of financial Information (Restated Consolidated)

Year/Period (Rs in million)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 29,19,865.81 27,55,041.29 20,64,382.95 16,14,510.41
Total Revenue 73,848.29 1,34,210.90 1,09,873.55 92,078.39
Profit After Tax 18,868.41 31,920.96 21,399.33 20,014.60

With the help of the above table, you can figure out company performance over the last few years. You can identify if the company is making profits or losses.

IRFC IPO Timetable

The IRFC IPO open date is Jan 18, 2021, and the close date is Jan 20, 2021. The issue may list on Jan 29, 2021.

IPO Open Date Jan 18, 2021
IPO Close Date Jan 20, 2021
Basis of Allotment Date Jan 25, 2021
Initiation of Refunds Jan 27, 2021
The credit of Shares to Demat Account Jan 28, 2021
IPO Listing Date Jan 29, 2021

This table is helpful as it provides you the complete information about the upcoming IPO’s lot size, several shares, and the minimum amount required to apply for this IPO.

IRFC IPO Lot Size

The IRFC IPO market lot size is 575 shares. A retail-individual investor can apply for up to 13 lots (7475 shares or ₹194,350).

Application Lots Shares Amount (Cut-off)
Minimum 1 575 ₹14,950
Maximum 13 7475 ₹194,350

Company Promoters & Holding

The President of India acting through the Ministry of Railways (MoR) is the promoter of the company.

Company Promoters play a vital role in any company’s success. That’s you need a clear idea about who are the promoters behind this company. You can even check the names given below for a better idea.

Company Registrar & Address

IRFC IPO Registrar:

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/

You can also check the company contact information given below, with the help of this information you can communicate with the company easily.

Company Contact Information:

Indian Railway Finance Corporation Limited
UG-Floor, East Tower, NBCC Place
Bisham Pitamah Marg, Pragati Vihar, Lodhi Road
New Delhi – 110 003
Phone: 91 (11) 2436 9766
Email: [email protected]
Website: http://www.irfc.nic.in

This is the complete information about the Indian Railway Finance Corporation Limited IPO. If you have any queries/questions regarding any information provided above then feel free to contact us anytime or leave a comment below.

Indian Railway Finance Corporation Limited IPO Subscription Status

Day 1 (times) Day 2 (times) Day 3 (times) Day 4 (times)
QIB 0.00 0.00 0.00 0.00
NII 0.00 0.00 0.00 0.00
Retail 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00

Indian Railway Finance Corporation Limited IPO Subscription Status will be updated in the table regularly. Keep visiting this page to get daily latest IPO subscription updates. If this table is not updated then you can request the updates by commenting below. (Updated Frequently)

GMP (Grey Market Premium)

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