New Issue Details

Indian Railway Finance Corporation Ltd Back
Registered Office:
UG Flr East Tower NBCC Place,Pragati Vihar Lodhi Road, New Delhi - 110003, New Delhi, India. Phone : 91-11-24369766 / 24368068   Fax:91-11-24369770
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Website :
Initial Public Offering of up to 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.(*) per equity share (including a premium of Rs.(*) per equity share) (the "issue price") aggregating to Rs.(*) Crores ("issue") Consisting of a fresh issue of up to 1,188,046,000 equity shares aggregating to Rs.(*) Crores ("fresh issue") and an offer for sale of up to 594,023,000 equity shares by the President of india, acting through the MoR ("selling shareholder"), aggregating to Rs.(*) Crores ("offer for sale"). The issue includes a reservation of up to (*) equity shares aggregating to Rs. 0.50 Crores for subscription by eligible employees ("employee reservation portion"). The issue less employee reservation portion is referred to as the net issue. The issue and the net issue will constitute up to 13.64 % and up to (*) % respectively, of the post issue paid-up equity Share capital of the company. Price Band : Rs. 25 per equity share to Rs. 26 per equity share of face value of Rs. 10 each. The Floor Price is 2.50 times the face value and the Cap Price is 2.60 times the face value of the equity shares.
Issue
Opens On Closes On
18-Jan-21 20-Jan-21
Money Payable On
Application Allotment
25.00 0.00
Minimum Application for shares in Nos : 575 Further Multiples of : 575
(₹)(Cr.) Lead Managers to the Issue
Project Cost (₹) 0.00 DAM Capital Advisors Ltd
Project Financed through Current Offer (₹) 4455.17  
Post Issue Equity Share Capital (₹) 13068.51  
Issue Price (₹) 25.00  
Projects
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
BSE
NSE
Registrar to the Issue
KFin Techologies Pvt Ltd
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SEBI Registration No :- NSE Capital Market- INB231289233, NSE Derivative Market(Equity)- INF231289233, NSE Derivative Market(Currency)-INE231289233, BSE Capital Market -INB011289239, BSE Derivative Market(Equity)-INF011289239, AMFI Code – ARN-76118
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