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Indian Railway Finance Corporation Ltd
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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
Email : cs@irfc.nic.in
Website : www.irfc.nic.in
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Initial Public Offering of up to 1,782,069,000 equity shares of face value of  10 each ("equity shares") of Indian Railway Finance Corporation Limited ("the company" or the "issuer") for cash at a price of (*) per equity share (including a premium of (*) per equity share) (the "issue price") aggregating to (*) Crores ("issue") Consisting of a fresh issue of up to 1,188,046,000 equity shares aggregating to (*) 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 (*) Crores ("offer for sale"). The issue includes a reservation of up to (*) equity shares aggregating to 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 : 25 per equity share to 26 per equity share of face value of 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.
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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18-Jan-21
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20-Jan-21
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25.00-26.00
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0.00-0.00
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Minimum Application for shares in Nos :575 Further
Multiples of :575
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Cr
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Lead Managers to the Issue
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Project Cost
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0.00
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Project Financed through Current Offer
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4455.17
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Post Issue Equity Share Capital
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13068.51
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Issue Price
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25.00
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