IRFC IPO date is fixed 18 January 2021 and it closes on 20 January
2021. Indian Railway Finance Corporation (IRFC) to raise around 4533 crore via
IPO. We have witnessed the success of IRCTC last year and we might get another
Railway company which might give a handsome return in near term. IRFC is a
finance arm of Indian Railways. The company raise financial resourcing for
Indian Railways for expansion and running through capital markets and other
borrowings. Indian Railway Finance Corporation (IRFC) was set up in 1986 as the
dedicated financing arm of the Indian Railways for mobilizing funds from
domestic as well as overseas Capital Markets. IRFC is a schedule 'A' Public
Sector Enterprise under the administrative control of the Ministry of Railways,
Government of India. It is also registered as Systemically Important
Non–Deposit taking Non Banking Financial Company (NBFC - ND-SI) and
Infrastructure Finance Company (NBFC- IFC) with Reserve Bank of India (RBI).
IRFC has played a significant role in supporting the expansion of the Indian
Railways and related entities by financing a significant proportion of its
annual plan outlay. Check out IRFC IPO date, price band and market lot details.
IRFC IPO Review:
§ Apply
with Long Term Gain
IRFC IPO Date & Price Band:
IPO
Open:
|
18
January 2021
|
IPO
Close:
|
20
January 2021
|
IPO
Size:
|
Approx Rs.4633
Crore (Approx)
|
Face
Value:
|
Rs.10 Per Equity Share
|
Price
Band:
|
Rs.25
to Rs.26 Per Share
|
Listing
on:
|
BSE
& NSE
|
Retail
Portion:
|
35%
|
Equity:
|
178,20,69,000 Shares
|
IRFC IPO Market Lot:
Minimum Lot Size:
|
Minimum 575 Shares
|
Minimum
Amount:
|
Rs.14,950
|
Maximum Lot Size:
|
Maximum 7475 Shares
|
Maximum
Amount:
|
Rs.194350
|
IRFC IPO Allotment & Listing:
Basis
of Allotment:
|
25
January 2021
|
Refunds:
|
27
January 2021
|
Credit
to Demat Account:
|
28
January 2021
|
Listing
Date:
|
29
January 2021
|
IRFC IPO Form:
How to apply the IRFC IPO? You can apply IRFC IPO via
ASBA available in your bank account. Just go to the online bank login and apply
via your bank account by selecting the IRFC IPO in the Invest section. The
other option you can apply IRFC IPO via IPO forms download via NSE and BSE.
Check out the IRFC forms - click NSE Forms & BSE Forms blank
IPO forms download, fill and submit in your bank or with your broker.
IRFC Company Financial:
Rs. in Crore
|
|
Revenue
|
Expense
|
Net
Income
|
|
|
2016
|
-
|
-
|
-
|
|
|
2017
|
-
|
-
|
-
|
|
|
2018
|
9268
|
6676
|
2050
|
|
|
2019
|
11134
|
8232
|
2255
|
|
|
2020
|
13839
|
10145
|
3692
|
|
|
Company Promoters:
§ THE
PRESIDENT OF INDIA ACTING THROUGH THE MINISTRY OF RAILWAYS, GOVERNMENT OF INDIA
IRFC IPO Registrar:
KARVY COMPUTERSHARE PRIVATE
LIMITED
Karvy Selenium Tower B,
Plot No. 31-32, Gachibowli Financial District,
Nanakramguda, Hyderabad
Tel: +91 40 6716 2222
Facsimile: +91 40 2343 1551
Email: einward.ris@karvy.com
Investor Grievance Email: irfcbonds@karvy.com
Website: http:\\karisma.karvy.com
Contact Person: Mr.M Murli Krishna
SEBI Registration No.: INR000000221
Note: Check IRFC IPO allotment status on Karvy website allotment
URL. Click Here
IRFC IPO Lead Managers:
§ SBI
CAPITAL MARKETS LIMITED
§ A.K.
CAPITAL SERVICES LIMITED
§ EDELWEISS
FINANCIAL SERVICES LIMITED
§ ICICI
SECURITIES LIMITED
§ RR
INVESTORS CAPITAL SERVICES PRIVATE LIMITED
Company Address:
Indian Railway Finance Corporation Limited
CIN – U65910DL1986GOI026363,
UG – Floor, East Tower, NBCC Place,
Bhisham Pitamah Marg, Lodhi Road ,
Pragati Vihar, New Delhi, Delhi 110003
+91 011 – 24369766-69
info@irfc.nic.in