Indian Railway Finance Corporation Ltd - Prospectus Synopsis

Indian Railway Finance Corporation Ltd pdf Icon 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 : www.irfc.nic.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.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
1/18/2021 12:00:00 AM 1/20/2021 12:00:00 AM Rs 26 - 0Rs 0 - 0
Minimum Application for shares in Nos : 575 Further Multiples of : 575
 Rs CrLead 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 PriceRs. 26 
Projects
Augmenting the Equity Capital Base to Meet the Future Capital Requirements Arising out of Growth in the Business
Promoted ByListing AtRegistrar to the Issue
The President of India
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