1. Completed
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Mainboard issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
Indian Railway Finance Corporation Limited was incorporated on 12 December 1986. It is wholly owned by the Government of India acting through the Ministry of Railways. It is registered with the Reserve Bank of India as a systemically important NBFC in the Infrastructure Finance Company category. Its main business is financing rolling stock assets such as locomotives, coaches, wagons and electric multiple units. It also leases railway infrastructure assets and lends to other entities under the Ministry of Railways. Rolling stock is financed through a leasing model with a lease period of 30 years. In Fiscal 2020 the company financed Rs 713.92 billion, which was 48.22% of the actual capital expenditure of Indian Railways that year. The IPO was Rs 4,633.38 crore. Of this, Rs 3,088.92 crore was fresh issue and Rs 1,544.46 crore was offer for sale by the government. Rs 3,011.88 crore of the fresh issue was meant to strengthen the equity capital base for future growth.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
Subscription is shown in times subscribed. A missing multiple stays unavailable. A published zero is 0x.
Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 10 Nov 2026, 3:15 PM IST
No day-wise subscription history is loaded. Missing days are left blank and are not plotted as zero.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 30 Sep 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 2,91,986.58 | 2,75,504.13 | 2,06,438.30 | 1,61,451.04 |
| Total Income | 7,384.83 | 13,421.09 | 10,987.36 | 9,207.84 |
| Profit After Tax |
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This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
RHP, DRHP, and other links that passed the official address check. Unverified addresses are left out.
Data by IPO Guru · Updated
IRFC is the dedicated market borrowing arm of Indian Railways and mainly finances rolling stock such as locomotives, coaches and wagons. It earned total income of Rs 13,421.09 crore in FY2020.
President of India, acting through the Ministry of Railways
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
Indicative only. A GMP-implied price is not a guaranteed listing price.
Unofficial grey-market premium in rupees. Missing observations are not connected and are not drawn as ₹0. This chart is not the listing gain.
High unavailable · Low unavailable
Tap a point for its rupee amount, percentage, and IST time. The table lists the same observations.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
| Observed (IST) | GMP (₹) | GMP % | Mark |
|---|---|---|---|
| 27 Jan 2021, 12:00 PM IST | ₹0.50 | +1.92% | None |
No intraday GMP history is loaded. Missing slots are not filled in.
High unavailable · Low unavailable
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
| 1,886.84 |
| 3,192.10 |
| 2,139.93 |
| 2,001.46 |
| NET Worth | 31,686.97 | 30,299.75 | 24,866.30 | 20,324.28 |
| Reserves and Surplus | 19,806.51 | 18,419.29 | 15,485.84 | 13,797.82 |
| Total Borrowing | 2,45,349.32 | 2,34,376.72 | 1,73,932.68 | 1,34,005.53 |