Nifty 17196.7 (-1.18%)
Sensex 57696.46 (-1.31%)
Nifty Bank 36197.15 (-0.85%)
Nifty IT 35848.05 (-0.86%)
Nifty Financial Services 17779.5 (-1.13%)
Adani Ports 737.45 (-0.22%)
Asian Paints 3110.45 (-2.21%)
Axis Bank 673.00 (-0.46%)
B P C L 385.90 (1.86%)
Bajaj Auto 3287.85 (-1.22%)
Bajaj Finance 7069.25 (-1.55%)
Bajaj Finserv 17488.70 (-1.52%)
Bharti Airtel 718.35 (-1.94%)
Britannia Inds. 3553.75 (-0.69%)
Cipla 912.05 (-1.00%)
Coal India 159.75 (0.28%)
Divis Lab. 4757.05 (-0.42%)
Dr Reddys Labs 4596.50 (-1.42%)
Eicher Motors 2455.55 (0.16%)
Grasim Inds 1703.90 (-1.16%)
H D F C 2771.65 (-1.29%)
HCL Technologies 1171.40 (-1.12%)
HDFC Bank 1513.55 (-0.80%)
HDFC Life Insur. 690.95 (-2.03%)
Hero Motocorp 2462.45 (-0.41%)
Hind. Unilever 2343.65 (-1.66%)
Hindalco Inds. 424.65 (-1.72%)
I O C L 122.20 (1.28%)
ICICI Bank 716.30 (-0.84%)
IndusInd Bank 951.15 (0.59%)
Infosys 1735.55 (-0.73%)
ITC 221.65 (-1.69%)
JSW Steel 644.55 (-0.34%)
Kotak Mah. Bank 1914.20 (-2.55%)
Larsen & Toubro 1801.25 (0.67%)
M & M 836.95 (-1.48%)
Maruti Suzuki 7208.70 (-1.59%)
Nestle India 19321.35 (-0.93%)
NTPC 127.00 (-1.32%)
O N G C 145.90 (1.32%)
Power Grid Corpn 206.10 (-3.92%)
Reliance Industr 2408.25 (-3.00%)
SBI Life Insuran 1165.95 (-1.86%)
Shree Cement 25914.05 (-1.43%)
St Bk of India 473.15 (-0.81%)
Sun Pharma.Inds. 751.80 (-1.89%)
Tata Consumer 774.30 (0.14%)
Tata Motors 480.10 (0.21%)
Tata Steel 1118.00 (0.50%)
TCS 3640.45 (-0.07%)
Tech Mahindra 1593.30 (-2.23%)
Titan Company 2369.25 (-0.72%)
UltraTech Cem. 7332.45 (0.13%)
UPL 712.75 (2.08%)
Wipro 640.75 (-0.94%)

Indian Railway Finance Corporation Ltd IPO

Closed
Subscription Details
  • Open Date 18 Jan
  • Close Date 20 Jan
  • Lot Size 575
  • IPO Size ₹ 4633.38 Cr
  • IPO Price Range ₹ 26
  • Min Investment ₹ 14950

Indian Railway Finance Corporation Ltd IPO Timeline

Open Date
18 Jan
Close Date
20 Jan
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offering of 1,782,069,000* equity shares of face value of Rs.10 each (equity shares) of Indian Railway Finance Corporation Limited (the company or the issuer) for Cash at a price of Rs.26.00 per equity share (including a premium of Rs.16.00 per equity share) (the issue price) aggregating to Rs.4633.38 Crores (issue). The issue consisted of a fresh Issue of 1,188,046,000* equity shares aggregating to Rs.3088.92 Crores (fresh issue) and an offer for sale of 594,023,000* equity shares by the President of India, acting through the Mor (selling shareholder), aggregating to Rs.1544.46 Crores (offer for sale). The issue included a reservation of 192,307 equity shares aggregating to Rs.0.50 Crores for Subscription by eligible employees (as defined herein) (employee reservation portion). The issue less employee reservation portion is referred to as the net issue. The issue and the net issue constituted 13.64% and 13.63% respectively, of the post issue paid-up equity share capital of the company. The face value of each equity share is Rs.10. The issue Price is 2.60 times the face value of the equity shares.

12854

Indian Railway Finance Corporation Ltd IPO Financial Status

How to Apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • You will receive a mandate notification to block funds in your UPI app

Don’t have a Demat account? Open one with 5paisa today!

Keep your documents and get your account activated to start applying for Indian Railway Finance Corporation Ltd IPOs in just few hours.

Contact Details of Indian Railway Finance Corporation Ltd IPO

Contact Information

Address

UG Flr East Tower NBCC Place,
Pragati Vihar Lodhi Road,
New Delhi, New Delhi 110003

Related Articles

Tega Industries IPO - 7 Things to Know

Tega Industries IPO - 7 Things to Know

by 5paisa Research Team 11/25/2021
Anand Rathi Wealth IPO - Information Note

Anand Rathi Wealth IPO - Information Note

by 5paisa Research Team 12/01/2021
Anand Rathi Wealth IPO - Grey Market Premium

Anand Rathi Wealth IPO - Grey Market Premium

by 5paisa Research Team 12/01/2021

Have more question about Indian Railway Finance Corporation Ltd IPO?

Join 5paisa community and ask your questions