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Market | Equity | Daily Market Tracker | IPO Synopsis
Indian Railway Finance Corporation Ltd
Registered Office:
UG Flr East Tower NBCC Place,Pragati Vihar Lodhi Road,
New Delhi - 110003,
New Delhi, India.
Email :  cs@irfc.nic.in
Website :  www.irfc.nic.in
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.
Money Payable On
Opens On
Closes On
Minimum Application for shares in Nos : 575     Further Multiples of : 575
Lead Managers to the Issue
Project Cost
DAM Capital Advisors Ltd
Project Financed
Post Issue
Issue Price
Augmenting the Equity Capital Base to Meet the Future Capital Requirements Arising out of Growth in the Business
General Corporate Purposes
Promoted By
The President of India
Listing At
Registrar to the Issue
KFin Techologies Pvt Ltd
DB (International) Stock Brokers Limited: SEBI Reg. No.-INZ000179035 / CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Daga Commodities Private Limited: SEBI Reg. No. INZ000028833
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