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Indian Railway Finance Corporation (IRFC) has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The shares of the company are proposed to be listed on NSE and BSE.

The funds will be utilized towards augmenting the company's equity capital base to meet future capital requirements arising out of growth in business and general corporate purposes. The book running lead managers to the issue are IDFC Securities, HSBC Securities and Capital Markets (India), ICICI Securities and SBI Capital Markets.

The company was incorporated as the dedicated market borrowing arm for the Indian Railways and has played a strategic role in financing the latter's operations.

Indian Railway Fin. Share Price

104.85 1.61 (1.56%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 464.85
REC 373.35
Indian Railway Fin. 104.85
NHIT 151.00
Satin Creditcare 174.75
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