Indian Railway Finance Corporation opens its first public offer for subscription

Indian Railway Finance Corporation opens its first public offer for subscription

₹4,633.4 crore IPO is first public issue for 2021

Price band set at  ₹25-26 per share

Face value per share is ₹10

IPO listing date is not yet announced

IRFC is the financial wing of Indian Railways

Its main duty is to meet extra budgetary requirements of Indian Railways

The three day offering will close on January 20, 2021

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