Indian Railway Finance Corporation Ltd RHP
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 : https://irfc.co.in
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 fresh Issue 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 for Subscription 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 issue Price is 2.60 times the face value of the equity shares.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
1/18/2021 12:00:00 AM | 1/20/2021 12:00:00 AM | Rs 26 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 575 Further Multiples of : 575 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 3088.92 | DAM Capital Advisors Ltd |
Project Financed through Current Offer | 4633.38 | |
Post Issue Equity Share Capital | 3088.92 | |
Issue Price | Rs. 26 |
Projects |
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Augmenting the Equity Capital Base to Meet the Future Capital Requirements Arising out of Growth in the Business |
Promoted By | Listing At | Registrar to the Issue | |
---|---|---|---|
| - | KFin Techologies Ltd |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.