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IRFC IPO opens today. Check price band, closing date - Should you invest? The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) worth about Rs 4,600 crore will hit the market today on January 18.
The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) worth about Rs 4,600 crore will hit the market today on January 18. The Union Cabinet had in April 2017 approved the listing of five railway companies. Four of them  IRCON International Ltd, RITES Ltd, Rail Vikas Nigam Ltd, and Indian Railway Catering and Tourism Corp have already been listed.Â
IRFC IPO Opens on January 18: Here is All You Need to Know
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The Indian Railway Finance Corporation (IRFC) s initial public offering (IPO) will open on January 18 and close on January 20, making it the first IPO of the year 2021. The IPO will raise Rs 4,634 crore for IRFC.
Tuhin Kanta Pandey, secretary at Department of Investment and Public Asset Management (DIPAM), gave this information via a tweet saying IRFC coming up for listing with a Rs 4600 cr+ issue in a price band of Rs 25-26 per share. Anchor book on Jan 15 and the Main book from Jan 18-20 .