 |
| |
 |
Date:20-Apr-2024 Time: 1:20 PM |
|
 |
 |
 |
|
|
|
|
|
|
| |
| |
| Prospectus Synopsis |
|
Indian Railway Finance Corporation Ltd
|
| Registered Office:
UG Flr East Tower NBCC Place
,
Pragati Vihar Lodhi Road
,
New Delhi
-
110003
,
New Delhi
, India.
|
|
|
Phone:91-11-24369766 / 24368068 Fax:91-11-24369770
|
|
Email:
cs@irfc.nic.in
Website:
https://irfc.co.in
|
|
Initial public offering of 1,782,069,000* equity shares of face value of Rs.10 each ("equity shares") of Indian Railway Finance Corporation Limited ("the company" or the "issuer") for Cash at a price of Rs.26.00 per equity share (including a premium of Rs.16.00 per equity share) (the "issue price") aggregating to Rs.4633.38 Crores ("issue"). The issue consisted of a fresh
Issue of 1,188,046,000* equity shares aggregating to Rs.3088.92 Crores ("fresh issue") and an offer for sale of 594,023,000* equity shares by the President of India, acting through the Mor (selling shareholder"), aggregating to Rs.1544.46 Crores ("offer for sale"). The issue included a reservation of 192,307 equity shares aggregating to Rs.0.50 Crores for
Subscription by eligible employees (as defined herein) ("employee reservation portion"). The issue less employee reservation portion is referred to as the net issue. The issue and the net issue constituted 13.64% and 13.63% respectively, of the post issue paid-up equity share capital of the company.
The face value of each equity share is Rs.10. The issue
Price is 2.60 times the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 18-Jan-21 |
20-Jan-21 |
Rs
26.00-0.00
|
Rs
0.00-0.00
|
| Minimum Application for shares in Nos :
575
Further Multiples of :
575
|
| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
3088.92 |
SBI Capital Markets Ltd |
| Project Financed through Current Offer |
4633.38 |
|
| Post Issue Equity Share Capital |
13068.51 |
|
| Issue Price |
Rs.
26.00
|
|
|
|
|
| |
| Projects |
|
Augmenting the Equity Capital Base to Meet the Future Capital Requirements Arising out of Growth in the Business
.
|
General Corporate Purposes
.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
|