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IRFC share lists at 4% discount to issue price- Business News - Vimarsana News

IRFC share lists at 4% discount to issue price- Business News

IRFC share lists at 4% discount to issue price IRFC share allotment was finalised on January 25. Government's stakeholding reduced to 86% from 100% post the IPO. Most brokerages have given IRFC subscribe rating, especially for the long term BusinessToday.In | January 29, 2021 | Updated 11:46 IST Set up in 1986, IRFC- a dedicated market borrowing arm of the Indian Railways, became the first NBFC from the PSU sector that went public today Shares of Indian Railway Finance Corporation (IRFC) listed at a 4% discount from its issue price at Rs 24.90 on NSE today. IRFC share made its debut at Rs 2...

Indian Railway Finance Corporation To Debut On January 29; Will It Be A Good Listing? - Vimarsana News

Indian Railway Finance Corporation To Debut On January 29; Will It Be A Good Listing?

The public issue was subscribed 3.49 times during January 18-20 as retail investors' reserved portion witnessed a subscription of 3.66 times, qualified institutional buyers (3.78 times) and non-institutional investors (2.67 times).