Indian Railway Finance Corporation IPO Closed

The IPO of the only dedicated financier to the Indian railways is launching.

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Date 18 Jan 2021 – 20 Jan 2021
Price range 25 – 26
Minimum order quantity 575
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Indian Railways is a corporate phenomenon. It’s a public sector undertaking whose influence reaches every nook and corner of India. It caters to an almost staggering population. And running this massive empire is no easy feat. Multiple entities come together in a bid to facilitate seamless business operations. And one company that’s perhaps indispensable to this cause is IRFC (Indian Railways Finance Corporation). Check out a summary of its financials below:

If you're looking to understand this IRFC and thinking about applying for this IPO maybe you should read this draft on Finshots.

How do I apply for the Indian Railway Finance Corporation IPO?

You can apply for the IRFC IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.