IRFC IPO Dates, Review, Price, IPO Allotment Details & Market Lot

 

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

Website: http://irfc.nic.in/