IRFC IPO opens today: Should you subscribe to the share sale?
Ahead of the IPO, IRFC had raised Rs 1,398.63 crores from 31 anchor investors. IRFC is issuing shares at a price band of Rs 25 to Rs 26
BusinessToday.In | January 18, 2021 | Updated 13:09 IST
KFin Technologies Private Ltd will be the registrar to the issue
The three-day initial share-sale of Indian Railway Finance Corporation (IRFC) worth Rs 4,600 crore was launched today. The first-ever IPO by a non-banking financial company (NBFC) in the public sector is being done by a dedicated market borrowing arm of the Indian Railways. The IPO will close on January 21. Price band for the IRFC IPO has been fixed at Rs 25 to Rs 26 per share.