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Indian Railway Finance Corporation Debuts At Rs 25, A 4% Discount Over IPO Price

Indian Railway Finance Corporation Debuts At Rs 25, A 4% Discount Over IPO Price
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IRFC Listing News IRFC Share Price News: IRFC Shares Make Weak Debut On Exchanges, List At A Discount Of 4%

IRFC Shares Make Weak Debut On Exchanges, List At A Discount Of 4%
Indian Railways Finance Corporation's (IRFC) three-day share sale via initial public offering which ended on January 20 was subscribed over 3 times on the BSE and National Stock Exchange
Updated: January 29, 2021 12:11 pm IST
IRFC shares opened at Rs 24.90 on the National Stock Exchange compared with issue price of Rs 26.
Indian Railways Finance Corporation (IRFC) shares made a weak debut on the stock exchanges on Friday. The shares opened at Rs 24.90 on the National Stock Exchange, compared with the issue price of Rs 26, marking a discount of 4.23 per cent. The stock fell as much as 6.5 per cent from its issue price, to hit an intraday low of Rs 24.30 in intra-day trading.

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