Indian Railway Finance Corporation Ltd

SBI Capital Markets Ltd

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 freshIssue 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 forSubscription 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 issuePrice is 2.60 times the face value of the equity shares.

  • Issue

    • Opens On18 Jan 2021
    • Closes On20 Jan 2021
  • Money Payable On

    • Application26
    • Allotment0
  • Project Cost (Cr.)3088.92
  • Post Issue Equity Share Capital (Cr.)13068.51
  • Issue Price (D)26

Further Multiples of: 575

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - KFin Techologies Pvt Ltd

    UG Flr East Tower NBCC Place Pragati Vihar Lodhi Road New Delhi

    New Delhi- 110003

    Phone - 91-11-24369766 / 24368068

    Fax - 91-11-24369770

    Email - cs@irfc.nic.in

    Website - www.irfc.nic.in

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