Saturday, Jun 3, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Indian Railway Finance Corps Rs 4600 Cr Ipo Opens Next Week

Indian Railway Finance Corp’s Rs 4,600 cr IPO opens next week

Established in 1986, the dedicated financing arm of the Indian railways is a public sector enterprise under the administrative control of the Ministry of Railways.

By IANS
Published Date - 04:30 PM, Wed - 13 January 21
Indian Railway Finance Corp’s Rs 4,600 cr IPO opens next week
whatsapp facebook twitter telegram

New Delhi: The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC), worth over Rs 4,600 crore, will open on January 18 and close on January 20. The price band of the IPO will be of Rs 25-26 per share.

“IRFC coming up for listing with a Rs 4600 cr+ issue in a price band of Rs 25-26 per share. Anchor book on January 15 and the Main book from January 18-20,” said Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM) on Twitter.

Established in 1986, the dedicated financing arm of the Indian railways is a public sector enterprise under the administrative control of the Ministry of Railways.

The Non-Banking Financial Company (NBFC) would utilise the proceeds of the IPO for augmenting equity capital base to meet future capital requirements and general corporate purposes.

  • Follow Us :
  • Tags
  • Department of Investment and Public Asset Management (DIPAM)
  • Hyderabad
  • Hyderabad news updates
  • Indian Railway Finance Corporation (IRFC)

Related News

  • CCMB study throws light on genetic diversity of primates

    CCMB study throws light on genetic diversity of primates

  • JNTU Hyderabad to create cyber warriors through its new BTech CSE Cyber Security programme

    JNTU Hyderabad to create cyber warriors through its new BTech CSE Cyber Security programme

  • CCMB part of a group developing ChatGPT-like algorithm

    CCMB part of a group developing ChatGPT-like algorithm

  • Telangana: Friday hottest day of the season

    Telangana: Friday hottest day of the season

  • Hyderabad’s Shanvitha pair clinches ITF U-18 tennis tournament

    Hyderabad’s Shanvitha pair clinches ITF U-18 tennis tournament

  • Hyderabad: Two private buses catch fire in separate incidents, no casualties reported

    Hyderabad: Two private buses catch fire in separate incidents, no casualties reported

Latest News

  • Elena Rybakina withdraws from French Open due to illness

    3 mins ago
  • Bengaluru gets Grand Imagine Store at Nexus Koramangala Mall

    6 mins ago
  • Odisha: Pained and anguished by terrible train disaster, says Sonia Gandhi

    7 mins ago
  • India records 237 news Covid cases, active caseload declines to 3,502

    17 mins ago
  • Study identifies pesticides that could influence Parkinson’s disease

    20 mins ago
  • Facebook took action on 41 per cent individual grievances, Instagram on 54 per cent

    27 mins ago
  • Vicky dedicates ‘Zara Hatke Zara Bachke’ song to Katrina as she praises film

    32 mins ago
  • Indian celebrities express grief over tragic train accident 

    34 mins ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam