IPO DETAILS : Indian Railway Finance Corporation Ltd.


UG Floor, East Tower, NBCC Place, Bisham Pitamah Marg, Pragati V New Delhi, Delhi - 110003
Phone: 24369766 Fax: 24369770

Public Issue of 1782069000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 16.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
18/01/202120/01/202126.00 -
Lead Managers Registrar Listed at
BANK OF BARODA
D S P FINANCIAL CONSULTANTS LIMITED
DAM CAPITAL ADVISORS LIMITED
HSBC SECURITIES AND CAPITAL MARKETS (I) PVT LTD
I C I C I SECURITIES AND FINANCE COMPANY LIMITED
ICICI SECURITIES LTD
INDUSTRIAL DEVELOPMENT BANK OF INDIA
J M FINANCIAL & INVESTMENT CONSULTANCY SERVICES LT
KOTAK MAHINDRA CAPITAL COMPANY
S B I CAPITAL MARKETS LIMITED
SBI CAPITAL MARKETS LIMITED
KFIN Technologies Pvt. Ltd.
Karvy Selenium, Tower B,
Plot No. 31 & 31, Gachibowli,, Financial District, Nanakramguda,
Ranga Reddy District, Telangana - 500032
Phone: 67162222 Fax: 23431551
BSE
DSE
NSE
Object of the issue
1. To raise resources to fund the financing and leasing activities of the Company relating to the developmental needs of the Indian Railways. The expenses of the present issue would also be met from the proceeds of the issue.
Promoted by

The Promoter is the President of India, acting through the MoR. the Promoter, along with its nominees, currently holds 100% of the pre-Issue paid-up Equity Share capital of the Company. After this Issue, the Promoter shall hold 86.36% of the post Issue paid-up Equity Share capital of the Company, assuming that the Issue will be fully subscribed. As the Promoter is the President of India, acting through the MoR, disclosures and confirmations in relation to the Promoter Group (as defined in Regulation 2(1)(pp) of the SEBI ICDR Regulations) as specified in Schedule VI of the SEBI ICDR Regulations are inapplicable to the Company.