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Indian Railway Finance Corporation IPO Closes Today; Subscribed 2.4 Times Thus Far

Indian Railway Finance Corporation IPO Closes Today; Subscribed 2.4 Times Thus Far
Indian Railway Finance Corporation IPO Closes Today; Subscribed 2.4 Times Thus Far
The retail investors portion was subscribed 3.14 times, non-institutional investors portion was subscribed 93 per cent and qualified institutional buyers segment attracted bids worth 2.34 times, as on 2.30 pm
Indian Railway Finance Corporation shares are being offered in the price band of Rs 25-26 per share.
Indian Railway Finance Corporation s initial public offer (IPO) closes for subscription at 5.00 pm today i.e. January 20. The IPO has been open for 3 days, since January 18. The shares are likely to be listed on the bourses on January 29, 2021. ....

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Indian Railway Finance Corporation initial public offering (IPO) Opens Today

IRFC IPO: Indian Railway Finance Corporation is the market borrowing arm of Indian Railways
Indian Railway Finance Corporation s initial public offer (IPO) opens for subscription today i.e. January 18. The IPO will be open until January 20 and the shares will be offered in the price band of Rs 25-26 per share. The shares will be listed on the bourses on January 29, 2021.
The IPO consists of sale of up to 178.20 crore shares, including a fresh issue of up to 118.80 crore and offer-for-sale of up to 59.40 crore shares by the government. IRFC will raise Rs 4,633.38 crore at the higher range of the price band of Rs 25-26 per share. ....

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