Indian Railway Finance Corporation IPO
Indian Railway Finance Corporation IPO is listed on BSE and NSE, priced at ₹25–₹26 per share. The stock debuted at ₹25. The IPO had a lot size of ₹575 shares and a minimum investment of ₹14,950.
Indian Railway Finance Corporation IPO
- IPO Dates
- Jan 18, 2021 – Jan 20, 2021
- Price band
- ₹25-26 per equity share
- Minimum Investment
- ₹14,950
- Issue size
- 1,782,069,000 Eq Shares of ₹10 (aggregating up to ₹4,633.38 Cr) Fresh Issue: 1,188,046,000 Eq Shares of ₹10(aggregating up to ₹3,088.92 Cr) Offer for Sale: 594,023,000 Eq Shares of ₹10(aggregating up to ₹1,544.46 Cr)
- Lot size
- 575
- Allotment Date
- Jan 27, 2021
- Listing
- Jan 29, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Jan 18, 2021
Open Date
Completed
-
Jan 20, 2021
Close Date
Completed
-
Jan 27, 2021
Allotment Date
Completed
-
Jan 29, 2021
Listing Date
Completed
Price Summary
- Last closing
- 100.22 (285.46%)
- 52 week high
- 148.95
- 52 week low
- 87.00
- Last update
Indian Railway Finance Corporation IPO Essentials
Indian Railway Finance Corporation IPO Details
Indian Railway Finance Corporation IPO is priced at ₹25-26 per share with a total issue size of 1,782,069,000 Eq Shares of ₹10 (aggregating up to ₹4,633.38 Cr) Fresh Issue: 1,188,046,000 Eq Shares of ₹10(aggregating up to ₹3,088.92 Cr) Offer for Sale: 594,023,000 Eq Shares of ₹10(aggregating up to ₹1,544.46 Cr). The IPO has a lot size of 575 shares and is listed on BSE and NSE.
- Issue price
- ₹25-26 per equity share
- Lot size
- 575 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,782,069,000 Eq Shares of ₹10 (aggregating up to ₹4,633.38 Cr)
Fresh Issue: 1,188,046,000 Eq Shares of ₹10(aggregating up to ₹3,088.92 Cr)
Offer for Sale: 594,023,000 Eq Shares of ₹10(aggregating up to ₹1,544.46 Cr) - Listing at
- BSE, NSE
- List price
- 25.0
- Listing date
- Registrar
- KFintech Private Limited
- Lead manager
-
HSBC Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, IDFC Bank Limited, SBI Capital Markets Limited
Indian Railway Finance Corporation IPO Analytics
Indian Railway Finance Corporation IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Indian Railway Finance Corporation IPO Subscription Status
Indian Railway Finance Corporation IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 35,63,75,339 |
26,72,81,504
|
62,36,56,843 | 1,92,307 | 1,24,75,05,993 |
|
Day 1
18-01-21 05:00 PM
|
0.00 x |
0.09x
|
1.25 x | 13.52 x | 0.65 x |
|
Day 2
19-01-21 05:00 PM
|
0.00 x |
0.24x
|
2.33 x | 27.40 x | 1.23 x |
|
Day 3
20-01-21 05:00 PM
|
3.78 x |
2.66x
|
3.66 x | 43.76 x | 3.49 x |
Indian Railway Finance Corporation Valuations
Earnings
- EPS (Post IPO)
- ₹2.44
- P/E Ratio
- 10.65
Returns
- RoNW
- 11.57%
Indian Railway Finance Corporation Financials( In Crs.)
| 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 2,91,986.58 | 2,75,504.12 | 2,06,438.29 | 1,61,451.04 |
| Revenue | 7,384.82 | 13,421.09 | 10,987.35 | 9,207.83 |
| Profit After Tax | 1,886.84 | 3,192.09 | 2,139.93 | 2,001.46 |
Indian Railway Finance Corporation Company & Offer Insights
About Indian Railway Finance Corporation
IRFC is a Public Sector Undertaking (PSU) wholly-owned finance by the Government of India acting through the Ministry of Railways. The company is registered with the Reserve Bank of India as a systematically important NBFC and is classified under the category of an “Infrastructure Finance Company”.
IRFC is the dedicated market borrowing arm of the Indian Railways. Its primary business is financing the acquisition of rolling stock assets, which includes both powered and unpowered vehicles, for example locomotives, coaches, wagons, trucks, flats, electric multiple units, containers, cranes, trollies of all kinds and other items of rolling stock, leasing of railway infrastructure assets and national projects of the Government of India and lending to other entities under the Ministry of Railways.
The actual capital expenditure of the Indian Railways was INR133,400 crore in FY2019 and IRFC financed INR52,535 crore accounting for 39.38% of the actual capital expenditure. In FY2019, IRFC was responsible for financing 82% of the Indian Railway’s total rolling stock through a financial leasing model with leasing period typically spanning 30 years.
Indian Railway Finance Corporation Promoter(s)
President of India are the company's promoters of Indian Railway Finance Corporation.
Indian Railway Finance Corporation IPO Issue Objectives
- •
- To augment company's equity capital base to meet business future growth requirements.
- •
- To meet general corporate purposes.
Contact Information
Frequently Asked Questions
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Indian Railway Finance Corporation IPO is a book-built IPO worth ₹1,782,069,000 Eq Shares of ₹10 (aggregating up to ₹4,633.38 Cr) Fresh Issue: 1,188,046,000 Eq Shares of ₹10(aggregating up to ₹3,088.92 Cr) Offer for Sale: 594,023,000 Eq Shares of ₹10(aggregating up to ₹1,544.46 Cr). The price band is ₹25–₹26 per share. The IPO opens on Jan 18, 2021 and closes on Jan 20, 2021. It will be listed on BSE and NSE. KFintech Private Limited is the registrar.
The price band of Indian Railway Finance Corporation IPO is ₹25 to ₹26 per share.
The lot size of Indian Railway Finance Corporation IPO is 575 shares.
The minimum investment for Indian Railway Finance Corporation IPO is approximately ₹14,950 based on the upper price band .
Indian Railway Finance Corporation IPO opens on Jan 18, 2021 and closes on Jan 20, 2021.
The allotment date of Indian Railway Finance Corporation IPO is Jan 27, 2021.
Indian Railway Finance Corporation IPO is expected to be listed on Jan 29, 2021, on BSE and NSE .
Indian Railway Finance Corporation IPO listed on Jan 29, 2021. It was issued at ₹25.0 and is currently around ₹100.22 as on 14-May-2026 3:30 PM, which is approximately 285.5% versus issue price. The 52-week high is ₹148.95.
Based on listing and post-listing performance, Indian Railway Finance Corporation IPO delivered around 285.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Indian Railway Finance Corporation IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Indian Railway Finance Corporation IPO valuation snapshot: P/E 10.65, EPS ₹2.44, P/B N/A, RoNW 11.57%, and market cap N/A.
To apply for Indian Railway Finance Corporation IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Indian Railway Finance Corporation IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Indian Railway Finance Corporation IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Indian Railway Finance Corporation IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Indian Railway Finance Corporation IPO allotment status on IPO Ji for quick and easy access.