JKB Financial Services Ltd.

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Indian Railway Finance Corporation Ltd
Registered Office: UG Flr East Tower NBCC Place, Pragati Vihar Lodhi Road, New Delhi - 110003, New Delhi
Phone: 91-11-24369766 / 24368068
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
18-Jan-2021	20-Jan-2021	₹ 26.00	₹ 0.00

Minimum Application for shares in Nos : 575.0 Further Multiples of : 575.0
	(₹)Cr.	Lead Managers to the Issue
Project Cost	3,088.92	DAM Capital Advisors Ltd
Project Financed through Current Offer	4,633.38
Post Issue Equity Share Capital	13,068.51
Issue Price	₹26.00

Projects
Augmenting the Equity Capital Base to Meet the Future Capital Requirements Arising out of Growth in the Business
General Corporate Purposes

Promoted By
The President of India

Listing At
BSE
NSE

Registrar to the Issue
No Data Available

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