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Indian Railway Finance Corporation IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 4633.38 Cr. The company is based in New Delhi and caters to Banking And Finance sector. Hsbc Securities & Capital Markets Limited , ICICI Securities , Idfc Bank , SBI Capital Markets are the merchant bankers of Indian Railway Finance Corporation IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th January 2020.
Indian Railway Finance Corporation IPO open date is 18th January 2021 and close date is 20th January 2021. IPO Allotment Date is 25th January 2021 and Listing date is 29th January 2021.
IPO
Size:
₹ 4633.38 Cr.
Avg IPO Size (Sector Based)
: ₹
1,911.46 cr.
Sector: Banking And Finance
IPO so far:
80
Merchant Banker:
Hsbc Securities
IPO by BRLM so far:
24
City:
New Delhi
IPO so far:
126
Revenue (annualised):
₹
14769.66
cr. 
PE
Ratio:
9.00x
Average Sector PE Ratio: 20.65x
Indian Railway Finance Corporation IPO size is ₹ 4633.38 Cr. with IPO price of ₹ 26.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hsbc Securities & Capital Markets Private limited is the book-running lead manager of the Indian Railway Finance Corporation IPO. Kfin Technologies Limited is the Registrar for Indian Railway Finance Corporation IPO.
Indian Railway Finance Corporation IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Indian Railway Finance Corporation IPO, based in New Delhi, operates in the Banking And Finance sector with a focus on special purpose vehicle for railway infra development funding. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Indian Railway Finance Corporation IPO size is ₹ 4633.38 Cr. with fresh issue size of ₹ 4,633 and Offer for sale being ₹ Nil
The IPO allotment date for Indian Railway Finance Corporation IPO is expected to be 25th January 2021, after the finalization of basis of allotment. Investors can check Indian Railway Finance Corporation IPO allotment status on the registrars website, Kfin Technologies Limited . Indian Railway Finance Corporation IPO refund dates are 27th January 2021.
Indian Railway Finance Corporation IPO is expected to be listed on 29th January 2021.
The upper price band for the Indian Railway Finance Corporation IPO is set at ₹ 26.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Indian Railway Finance Corporation IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Indian Railway Finance Corporation IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th January 2021. After submission, funds are blocked until the basis of allotment of Indian Railway Finance Corporation IPO is finalised.
The merchant banker for Indian Railway Finance Corporation IPO is Hsbc Securities & Capital Markets Private limited , ICICI Securities Limited , Idfc Bank Limited , SBI Capital Markets Limited . Hsbc Securities & Capital Markets Private limited , ICICI Securities Limited , Idfc Bank Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Indian Railway Finance Corporation IPO RHP for further details.
The registrar for Indian Railway Finance Corporation IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Indian Railway Finance Corporation IPO through their official website or helpline.
Indian Railway Finance Corporation IPO was subscribed 3.49 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4,633.38 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,911.46 Cr.
Sector: Banking And Finance
IPO so far:
80
Merchant Banker:
Hsbc Securities
IPO by BRLM so far:
24
City:
New Delhi
IPO so far:
126
Revenue (annualised):
₹ 14,769.60 cr.
PE
Ratio:
9.00x
Average Sector PE Ratio: 20.65x
Indian Railway Finance Corporation IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Indian Railway Finance Corporation Financial Review Page
Merchant Banker(s) of Indian Railway Finance Corporation IPO: Hsbc Securities & Capital Markets Private limited , ICICI Securities Limited , Idfc Bank Limited , SBI Capital Markets Limited
Indian Railway Finance Corporation IPO subscription was 3.49 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Indian Railway Finance Corporation IPO listed at a listing price of 24.85 against the offer price of 26.00.
The current market price of Indian Railway Finance Corporation is 133.84.
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