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Indian Railway Finance Corp. IPO
₹24.80
−4.62% on listing
Listing-day close · NSE · 29 Jan 2021 · issue price ₹26
Indian Railway Finance Corp.’s ₹4,633 crore IPO was priced at ₹26 a share. It listed on the NSE on 29 Jan 2021 and closed its first day at ₹24.80, down 4.62% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹4,633 Cr
- Fresh issue
- ₹3,089 Cr
- Offer for sale
- ₹1,544 Cr
- Lot size
- 575 shares
- Minimum investment
- ₹14,950
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 2.43× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹33,978 Cr
- Promoter holding
- 100.00% → 86.00%
From the offer documents.
Listing
- Listing date
- 29 Jan 2021
- Issue price
- ₹26
- Open
- ₹24.90
- High
- ₹25.80
- Low
- ₹24.35
- Close
- ₹24.80
Listing day on the NSE. The close was −4.62% on the issue price.
IRFC share price todayFAQs
When did the Indian Railway Finance Corp. IPO open and close?
It opened on 18 Jan 2021 and closed on 20 Jan 2021.
What was the Indian Railway Finance Corp. IPO price?
The price band was ₹25–26 a share. The final issue price was ₹26.
What is the lot size and minimum investment?
One lot is 575 shares, ₹14,950 at ₹26 a share. Retail investors apply in whole lots.
How much did Indian Railway Finance Corp. raise?
₹4,633 crore: ₹3,089 crore of new shares and ₹1,544 crore offered by existing shareholders.
How many times was the Indian Railway Finance Corp. IPO subscribed?
2.43 times overall.
How did Indian Railway Finance Corp. list?
It listed on the NSE on 29 Jan 2021 at ₹24.90 and closed the day at ₹24.80, down 4.62% on the ₹26 issue price.
Who is the registrar of the Indian Railway Finance Corp. IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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