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Explore Now New Delhi: As the bear grip gets stronger on the broader market, the primary market, too, has started feeling the heat. Amid the selloff in the broader market, shares of Indian Railways Finance Corporation ( IRFC) are losing their sheen in grey market, as the premium they enjoyed in unofficial market for unlisted shares till the other day has since fizzled out. Grey market premium of IRFC’s unlisted shares has fallen to Rs 0.20-0.25 from Rs 1.5 when the issue had been announced. The premium has been falling constantly. Earlier this week, the stock was commanding a premium of Re 1. ....
Indian Railway Finance Corporation To Finalise IPO Allotment Next Week; Here's How You Can Check The Status moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Indian Railway Finance Corporation IPO Closes Today; Issue Subscribed 1.44 Times moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
The maiden issue of the non-banking financial company was subscribed 64.7 per cent on the first day of the bidding. The IRFC IPO will close on January 20. Here are some key details about the IPO you should know before investing: ....