Indian Railways’ units IRFC, IRCON likely to float IPOs in next 2 months
6 years, 8 months ago

Indian Railways’ units IRFC, IRCON likely to float IPOs in next 2 months

Live Mint  

New Delhi: Two rail central public sector enterprises —Indian Railway Finance Corporation and IRCON International Limited, formerly Indian Railway Construction Co Ltd —are likely to come out with their initial public offerings in the next two months, which could together fetch about Rs1,500 crore to the exchequer, according to officials. While IRCON has already approached Sebi with its IPO papers, IRFC would soon file the draft prospectus with the market regulator to seek its nod for initial share sale and subsequent listing. Another rail PSU, RVNL—a Special Purpose Vehicle which mainly builds infrastructure for high speed rail—had received capital Sebi go-ahead last month to float an IPO by selling 2.08 crore equity shares or 10% stake of the government. Besides rail CPSEs, the other PSUs which have filed draft papers with Sebi are Indian Renewable Energy Development Agency, Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers.

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History of this topic

IRFC share price: Navratna, dividend stock dips 48% from record high. Should you buy?
1 week, 1 day ago

IRFC share price: Navratna, dividend stock dips 48% from record high. Should you buy?

Live Mint  

IRFC share price: Indian Railway Finance Corporation Ltd shares have dropped 48% from record high. IRFC share price has been in focus today after the company's Board of Directors reviewed and authorized the payment of a second interim dividend of ₹0.80 per share for shares with a face value of ₹10 each, for the financial year 2024-25. IRFC share price …

IRFC share price: Navratna PSU to declare second interim dividend today
1 week, 1 day ago

IRFC share price: Navratna PSU to declare second interim dividend today

Live Mint  

IRFC share price will be in focus on Monday as the state-run company’s board of directors will consider dividend today. The board of directors of Indian Railway Finance Corporation will meet today, March 17, to consider a second interim dividend for the financial year 2024-2025. this is to inform that meeting of the Board of Directors of the Company is …

IRFC share price: Navratna PSU stock dips 20% in YTD. Should you buy before dividend record date?
1 week, 3 days ago

IRFC share price: Navratna PSU stock dips 20% in YTD. Should you buy before dividend record date?

Live Mint  

IRFC share price: Shares of the Navratna company Indian Railway Finance Corporation Limited will be in focus on Monday. IRFC share price outlook Speaking on IRFC's share price outlook, Gaurav Goel, Founder and director at Fynocrat Technologies, said, "IRFC share price is currently trading 49% below its 52-week high, showing some weakness. Gaurav Goel said that IRFC share price is …

Why is IRFC share price skyrocketing? EXPLAINED
2 weeks, 4 days ago

Why is IRFC share price skyrocketing? EXPLAINED

Live Mint  

IRFC share price: Shares of the railway PSU Indian Railway Finance Corporation have been on an uptrend for the last four straight sessions. According to stock market experts, the IRFC share price rally can be attributed to the Government of India's move to grant the company grand Navratna status. IRFC news Speaking on the reason for IRFC share price rally, …

IRFC looks beyond Indian Railways, weighs opportunity to finance infra projects having linkages with Railways
2 weeks, 6 days ago

IRFC looks beyond Indian Railways, weighs opportunity to finance infra projects having linkages with Railways

Live Mint  

New Delhi: Indian Railway Finance Corporation, a financial institution under the ministry of railways, is looking to fund public and private infrastructure projects to expand its business that has been focused on mobilizing and funding projects of the Indian Railways. IRFC is also exploring opportunities to fund rolling stock requirements for Indian Railways customers, container train operators, renewable energy needs …

IRFC, IRCTC shares gain after upgradation to Navratna CPSE - Check details
3 weeks, 1 day ago

IRFC, IRCTC shares gain after upgradation to Navratna CPSE - Check details

India TV News  

IRFC, IRCTC shares gain after upgradation to Navratna CPSE - Check details With this, all seven listed railway PSUs have achieved the same status now. Last seen, the counter held firmly in green at Rs 113.85 with a gain of 2.43 per cent from the previous close. On the other hand, the shares of IRCTC started the session with a …

Upcoming IPO: CIEL HR Services receives Sebi nod for proposed public offer
1 month, 1 week ago

Upcoming IPO: CIEL HR Services receives Sebi nod for proposed public offer

Live Mint  

Human Resource services provider CIEL HR Services, on Monday, said that it has received final observation from markets regulator Securities and Exchange Board of India to raise funds via initial public offering. About the company CIEL HR Services offer multiple human resource services and technology platforms catering to the needs of a wide range of sectors. The human resource services …

IPO Watch: Atlanta Electricals files draft papers with SEBI for IPO
1 month, 2 weeks ago

IPO Watch: Atlanta Electricals files draft papers with SEBI for IPO

Live Mint  

IPO Watch: Atlanta Electricals Limited has filed its draft red herring prospectus with the capital market regulator, Securities and Exchange Board of India, for an initial public offering. In support of India’s renewable energy ambitions, the company made significant strides in the green energy transition in 2021 by obtaining a substantial order for the delivery of eight 80 MVA, 220/33 …

SMPP, Brigade Hotel, Kumar Arch Tech and five others get Sebi nod for IPO
Trending News
1 month, 3 weeks ago

SMPP, Brigade Hotel, Kumar Arch Tech and five others get Sebi nod for IPO

New Indian Express  

Eight firms including SMPP, Brigade Hotel and Kumar Arch Tech have received approval from capital market regulator Securities and Exchange Board of India to raise over a combined Rs 6,500 crore through initial public offerings. Other firms that have received Sebi's approval include Solarworld Energy Solutions, Indogulf Cropsciences, Globe Civil Projects, Aditya Infotech, and Prostarm Info Systems. Eclipsing the extreme …

Upcoming IPO: Bengaluru-based WeWork India files DRHP with SEBI to raise funds via IPO. Details here
Trending News
1 month, 3 weeks ago

Upcoming IPO: Bengaluru-based WeWork India files DRHP with SEBI to raise funds via IPO. Details here

Live Mint  

Upcoming IPO: Bengaluru-based workspace operator WeWork India has filed its draft red herring prospectus with the markets regulator, the Securities and Exchange Board of India, as it aims to raise funds from the Indian stock market. WeWork India IPO Details WeWork India is offering a book-built public issue of an entire offer-for-sale component of up to 4,37,53,952 or nearly 4.37 …

IRFC, RVNL to IRCTC: Why are Railway stocks rising after Economic Survey 2025?
1 month, 3 weeks ago

IRFC, RVNL to IRCTC: Why are Railway stocks rising after Economic Survey 2025?

Live Mint  

Economic Survey 2025: Shares of Railway stocks RVNL, IRCON, IRCTC, and BEML soared on Friday, January 31, in tandem with the broader markets after the Economic Survey 2025 announced massive expansion for Indian Railways in FY25. Indian Railway Finance Corporation also rose around 3 percent to its day's high of ₹152.50 "Railway stocks have risen since the Economic Survey of …

IREDA share: Navratna PSU stock sets board meeting date for fundraise. Details here
2 months, 1 week ago

IREDA share: Navratna PSU stock sets board meeting date for fundraise. Details here

Live Mint  

IREDA share: The Indian Renewable Energy Development Agency Limited has declared a board meeting date on 23 January 2025 to consider and approve the proposal for raising funds. The Navratna PSU company set a board meeting date after receiving a proposal to raise funds through the issuance of equity shares through Qualified Institutions Placement. IREDA news The Indian PSU, which …

Explained: Why IRCTC share price jumped up to 5% today
2 months, 2 weeks ago

Explained: Why IRCTC share price jumped up to 5% today

India Today  

Shares of Indian Railway Catering and Tourism Corporation Ltd surged nearly 5% on Friday after global brokerage firm Macquarie initiated coverage on the stock with a bullish 'Buy' rating and a target price of Rs 900. The stock rose nearly 5% to hit a day’s high of Rs 800.65 on the Bombay Stock Exchange, compared to the previous close of …

Upcoming IPOs: Dr. Agarwal’s and Regreen Excel get SEBI nod to raise funds via public issue
2 months, 2 weeks ago

Upcoming IPOs: Dr. Agarwal’s and Regreen Excel get SEBI nod to raise funds via public issue

Live Mint  

The primary market is all set to witness opening of three new initial public offerings as markets regulator Securities and Exchange Board of India gives its green signal. Dr. Agarwal's, Casagrand Premier and Regreen Excel EPC are among the companies which received approval from the markets regulator to raise funds via IPO. Dr. Agarwal's IPO Dr. Agarwal Health Care, backed …

IRCTC to IRFC: Should you buy Indian Railway stocks ahead of Budget 2025?
2 months, 3 weeks ago

IRCTC to IRFC: Should you buy Indian Railway stocks ahead of Budget 2025?

Live Mint  

Railway stocks: With the Union Budget 2025 just a month away, investors seem cautious, contemplating whether this is the right time to invest in Indian railway stocks like Indian Railway Catering and Tourism Corporation, Indian Railway Finance Corporation, Rail Vikas Nigam and Railtel Corporation Of India. IRCTC, IRFC, RVNL, Railtel share price trend Several railway stocks have been on a …

IRCON v/s RVNL: A contrasting tale of two railway infrastructure stocks
3 months, 1 week ago

IRCON v/s RVNL: A contrasting tale of two railway infrastructure stocks

Live Mint  

Every year, ahead of the budget, investors get excited about the prospects of incremental spending by the railways that would translate into order inflows for railway infrastructure companies. RVNL has higher revenue visibility, with a robust order pipeline that’s enough to cover four years of FY24 revenue. Now, it is not as though the fall in the order book was …

Railway stocks like RVNL, IRFC, and IRCON are rising today. Here's why
4 months ago

Railway stocks like RVNL, IRFC, and IRCON are rising today. Here's why

Hindustan Times  

Railway PSU stocks including Rail Vikas Nigam Ltd, RailTel Corporation of India, RITES Ltd, IRCON International Ltd, and Indian Railway Finance Corporation Ltd saw their share prices rising up to 10% on Monday, November 25, 2024. IRCON International Ltd saw a 7.5% share price uptick after Infomerics Valuation and Rating Private Limited, assigned credit ratings of IVR AAA/ Stable / …

IPO Update: Kolkata-based Crizac refiles IPO papers with SEBI
4 months ago

IPO Update: Kolkata-based Crizac refiles IPO papers with SEBI

Live Mint  

IPO Update: Kolkata-based Crizac has refiled papers with market regulator Securities and Exchange Board of India for an initial public offering. In the six months ending September 30, 2023, as well as during the last three fiscal years, Crizac Limited facilitated enrollment applications from over 75 countries through its registered agents using its technology platform. The company's pro forma consolidated …

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today
4 months, 1 week ago

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today

India Today  

Shares of railway sector stocks rose sharply on Tuesday, with Indian Railway Finance Corporation jumping over 5%, followed by significant gains in Rail Vikas Nigam Limited, IRCON International, and Indian Railway Catering and Ticketing Services. Shares of RVNL also surged sharply by around 3.5% to Rs 430.45 after receiving a letter of acceptance from South Central Railway worth Rs 294.4 …

Dividend stock 2024: IRFC share price in focus as stock trades ex-dividend today. Details here
4 months, 1 week ago

Dividend stock 2024: IRFC share price in focus as stock trades ex-dividend today. Details here

Live Mint  

Dividend stock 2024: Shares of Indian Railway Finance Corporation are in the spotlight today as the company’s stock trades ex-dividend following its recent dividend declaration. In a regulatory filing, IRFC stated, “Pursuant to Regulation 30 and 43 of SEBI Regulations, 2015, as amended from time to time, this is to inform that the Board of Directors have declared an Interim …

Upcoming IPO: ACME Solar Holdings Submits Draft Papers For Maiden Listing Worth Rs 3,000 Crore
8 months, 3 weeks ago

Upcoming IPO: ACME Solar Holdings Submits Draft Papers For Maiden Listing Worth Rs 3,000 Crore

ABP News  

ACME Solar Holdings Ltd submitted draft papers for its initial public offering with the Securities and Exchange Board of India to raise Rs 3,000 crore. The draft red herring prospectus revealed that the proposed IPO comprises of a fresh issue of shares worth Rs 2,000 crore and an offer-for-sale of Rs 1,000 crore, reported PTI. The Gurugram-based firm could consider …

Emcure Pharma IPO: Bain Capital-Backed Firm Files Fresh Papers With SEBI
1 year, 3 months ago

Emcure Pharma IPO: Bain Capital-Backed Firm Files Fresh Papers With SEBI

ABP News  

Bain Capital-backed Emcure Pharmaceuticals has filed fresh preliminary papers with capital markets regulator Securities and Exchange of India to raise funds through an Initial Public Offering, the PTI said. According to the report, the IPO comprises a fresh issuance of equity shares worth Rs 800 crore and an Offer of Sale of 1.36 crore equity shares by promoters and existing …

IRCTC shares surge by 13%, close at 52-week high. Check latest share price
1 year, 3 months ago

IRCTC shares surge by 13%, close at 52-week high. Check latest share price

Hindustan Times  

The shares of Indian Railways Catering and Tourism Corporation surged by nearly 13 per cent to hit a 52-week high of ₹888 on Monday. In November, IRCTC had reported 30.36 per cent rise in net profit at ₹294.67 crore for September quarter. IRCTC's total revenue increased 23.51 per cent to ₹995.31 crore in comparison to ₹805.80 crore in Q2FY23. IRCTC …

IRCTC share price rebounds after retracing from 52-week high. Buy, sell or wait?
1 year, 3 months ago

IRCTC share price rebounds after retracing from 52-week high. Buy, sell or wait?

Live Mint  

IRCTC share price: Shares of Indian Railway Catering and Tourism Corporation opened higher on Monday at ₹750.65 against the closing price of ₹749.55 on Friday. Triggers for IRCTC share price “IRCTC shares present a compelling opportunity for long-term investors, given the company's dominant position in the online ticket booking sector. "While the COVID-19 pandemic posed challenges, IRCTC pivoted its business …

Stocks to Watch: Bank of Baroda, Mahindra, Network18, Adani Ports, Ircon, Paytm
1 year, 3 months ago

Stocks to Watch: Bank of Baroda, Mahindra, Network18, Adani Ports, Ircon, Paytm

Live Mint  

New Delhi: Following stocks could be in focus in Thursday's trade: Bank of Baroda: Is trying to trace the paper trail behind a recent scandal where some employees allegedly created false app sign-ups using random mobile phone numbers. The move will consolidate the TV and digital news businesses of the Network18 group under one company and help create a platform-agnostic …

IRCTC share price: Experts give buy tag after strong Q3 results. Should you buy?
2 years, 1 month ago

IRCTC share price: Experts give buy tag after strong Q3 results. Should you buy?

Live Mint  

Indian Railway Catering and Tourism Corporation or IRCTC share price ended higher on Thursday after strong Q3 results for October to December 2022 quarter. According to stock market experts, IRCTC shares are expected to come out of the base building mode and it may go up to ₹750 apiece levels in medium term. On what IRCTC shares' chart pattern suggests …

IRCTC stock slips 5% per cent as govt offer-for-sale begins
2 years, 3 months ago

IRCTC stock slips 5% per cent as govt offer-for-sale begins

Firstpost  

The government’s offer-for-sale of up to 5 per cent stake in Indian Railway Catering and Tourism Corporation at a floor price of Rs 680 a share opened for institutional investors on Thursday New Delhi: Shares of IRCTC fell more than 5 per cent in morning trade on the BSE on Thursday as the sale of the government’s up to 5 …

OYO IPO Plans in the Works Again as Company Files Fresh Documents with Sebi; Details Here
2 years, 6 months ago

OYO IPO Plans in the Works Again as Company Files Fresh Documents with Sebi; Details Here

News 18  

Travel-tech startup OYO Hotels is reviving its plans to launch its initial public offering, which was supposed to open this year, as it reduces its losses through cost-cutting measures and a recovering travel industry post-pandemic. The SoftBank-backed company filed fresh financial documents with markets regulator Sebi on Monday as it aims for an early 2023 IPO launch. As per a …

‘No business to suggest…’: SEBI chief on IPO pricing of new-age tech firms
2 years, 6 months ago

‘No business to suggest…’: SEBI chief on IPO pricing of new-age tech firms

Hindustan Times  

Securities Exchange Board of India chairperson Madhabi Puri Buch on Tuesday said the capital markets regulator has no business to suggest pricing of the initial share sale of new-age technology companies. Sebi chairperson Madhabi Puri Buch said a company is free to ask for a higher price, but needs to disclose what happened in the intervening period which justifies the …

LIC IPO Price Band, Policyholders Discount Details Soon: Govt to File Final Papers With Sebi
3 years ago

LIC IPO Price Band, Policyholders Discount Details Soon: Govt to File Final Papers With Sebi

News 18  

LIC IPO Final Papers: The Centre is will soon be filing the final papers for India’s mega LIC IPO soon. The government is planning to soon file the final papers for LIC IPO with market regulator Sebi, which will provide details about the price band, discount for policyholders and retail buyers, and the actual number of shares to be put …

LIC IPO draft papers cleared by Sebi
3 years ago

LIC IPO draft papers cleared by Sebi

India TV News  

Markets regulator Sebi has given approval to mega IPO proposal of Life Insurance Corporation to help the government mobilise about Rs 63,000 crore to meet the disinvestment target for the current fiscal year, sources said. Going by the DRHP, the initial public offering would see sale of 31.6 crore shares or 5 per cent stake of the government. Although the …

LIC, SBI Mutual Funds, OYO and More: Top 5 IPOs You Should Watch Out for This Year
3 years, 2 months ago

LIC, SBI Mutual Funds, OYO and More: Top 5 IPOs You Should Watch Out for This Year

News 18  

IPOs to Watch Out for in 2022: The year 2021 was a golden year for companies who floated their initial public offerings or IPOs, many of which saw stellar listings at the Dalal Street. The recent IPO boom in India is expected to get carried forward to the new year 2022, with more and more key companies joining the list …

Paytm gets Sebi nod for mega Rs 16,600-cr IPO, may get stock market listing by mid-November
3 years, 5 months ago

Paytm gets Sebi nod for mega Rs 16,600-cr IPO, may get stock market listing by mid-November

India TV News  

Digital financial services firm Paytm has received market regulator Sebi's approval for its Rs 16,600 crore initial public offer, a source involved in the process said on Friday. According to the draft IPO documents, the company plans to raise Rs 8,300 crore through fresh issue of equity shares and another Rs 8,300 crore through the offer-for-sale route. Paytm plans to …

IRCTC stock split approved; share price hits new 52-week high
3 years, 7 months ago

IRCTC stock split approved; share price hits new 52-week high

India TV News  

IRCTC stock split approved; share price hits new 52-week high IRCTC Share Split Date, IRCTC Share Split Ratio, IRCTC Share Split Price, IRCTC Share Split Date 2021: IRCTC share price touched a new 52-week high on NSE and BSE on account of a stock split. IRCTC Stock Split Date, IRCTC Stock Split Ratio, IRCTC Stock Split Price: IRCTC has approved …

IRFC Q4 net profit rises 126% to ₹1,482.5 crore
3 years, 8 months ago

IRFC Q4 net profit rises 126% to ₹1,482.5 crore

Live Mint  

Indian Railway Finance Corporation on Tuesday reported a Q4 standalone net profit at ₹1,482.5 crore as compared to ₹654.6 crore in the same quarter last year. The company's total expenses for the fourth quarter stood at ₹2,972.4 crore as compared to ₹2,551 crore in the corresponding quarter of the previous fiscal. ''The Company has evaluated the impact of this pandemic …

IRFC mops up USD 750 million in maiden bond sale after listing
4 years, 1 month ago

IRFC mops up USD 750 million in maiden bond sale after listing

India TV News  

IRFC mops up USD 750 million in maiden bond sale after listing Indian Railway Finance Corporation, which had a bumper IPO last month, has raised USD 750 million in 10-year dollar money from international investors, two merchant banking sources said. Indian Railway Finance Corporation, which had a bumper IPO last month, has raised USD 750 million in 10-year dollar money …

IRFC IPO allotment today: How to check status, grey market premium, listing date and more
4 years, 2 months ago

IRFC IPO allotment today: How to check status, grey market premium, listing date and more

India TV News  

IRFC IPO allotment today: How to check status, grey market premium, listing date and more IRFC IPO allotment status: The IRFC IPO was oversubscribed in the retail category. IRFC listing is scheduled for January 29 The Indian Railways Finance Corporation IPO allotment status will be made available on Monday. IRFC listing date As per the exchange, IPO share allotment process …

IRFC IPO subscribed 3.49 times on final day
4 years, 2 months ago

IRFC IPO subscribed 3.49 times on final day

India TV News  

The initial public offer of Indian Railway Finance Corporation Limited was subscribed 3.49 times on the final day of bidding on Wednesday. Qualified Institutional Buyers category was subscribed 3.78 times, non institutional investors 2.67 times and retail individual investors 3.66 times. The initial public offer of up to 178.20 crore shares, comprises a fresh issue of up to 118.80 crore …

IRFC IPO hit markets today, Indigo Paints subscription to open on 20 January; aim to raise over Rs 5,800 crore
4 years, 2 months ago

IRFC IPO hit markets today, Indigo Paints subscription to open on 20 January; aim to raise over Rs 5,800 crore

Firstpost  

IRFC IPO comprises up to 178.2 crore shares, comprising a fresh issue of up to 118.8 crore and offer-for-sale of up to 59.4 crore shares by the government New Delhi: Two companies - Indian Railway Finance Corporation and Sequoia Capital-backed Indigo Paints - are set to hit the market with their initial share-sale offers this week to raise an estimated …

IRFC IPO opens today. Check price band, closing date - Should you invest?
4 years, 2 months ago

IRFC IPO opens today. Check price band, closing date - Should you invest?

India TV News  

The initial public offering of Indian Railway Finance Corporation worth about Rs 4,600 crore will hit the market today on January 18. Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey had earlier tweeted, "IRFC coming up for listing with a Rs 4600 cr+ issue in a price band of Rs 25-26 per share. Here are the complete …

IRFC, Indigo Paints IPOs to hit market this week, eye over Rs 5,800 cr
4 years, 2 months ago

IRFC, Indigo Paints IPOs to hit market this week, eye over Rs 5,800 cr

India TV News  

Two companies -- Indian Railway Finance Corporation and Sequoia Capital-backed Indigo Paints -- are set to hit the market with their initial share-sale offers this week to raise an estimated over Rs 5,800 crore. The three-day initial share-sale of Indian Railway Finance Corporation would be open for public subscription during January 18-20, while the IPO of Indigo Paints would open …

Govt to Sell Up to 20% Stake in IRCTC Via OFS, Fixes Floor Price of Rs 1,367 Per Share
4 years, 3 months ago

Govt to Sell Up to 20% Stake in IRCTC Via OFS, Fixes Floor Price of Rs 1,367 Per Share

News 18  

The government is planning to sell up to 20 per cent stake in Indian Railway Catering and Tourism Corp through an Offer for Sale which opens for subscription on Thursday. would divest 15 per cent equity with a 5 per cent green shoe option," Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey said in a tweet. The …

Sebi’s public float plan to aid LIC IPO
4 years, 4 months ago

Sebi’s public float plan to aid LIC IPO

Live Mint  

The markets regulator on Friday proposed to reduce the size of large initial public offerings, a move that would make it easier for state-run Life Insurance Corp. of India to comply with initial share sale rules. All listed companies are required to comply with the minimum public shareholding requirement of 25% within three years of their listing and those launching …

China’s Fosun-owned Gland Pharma gets Sebi nod for proposed ₹6,000 cr IPO
4 years, 5 months ago

China’s Fosun-owned Gland Pharma gets Sebi nod for proposed ₹6,000 cr IPO

Live Mint  

MUMBAI: Gland Pharma Ltd, which is majority owned by China’s Fosun group, has received the Securities and Exchange Board of India’s approval to go ahead with its proposed ₹6,000 crore IPO, a person aware of the development told Mint. The company, backed by China's Fosun Pharma, had filed the draft red herring prospectus for its IPO with Sebi in July. …

Govt Plans Further Stake Sale in IRCTC, Invites Bids from Merchant Bankers by September 10
4 years, 7 months ago

Govt Plans Further Stake Sale in IRCTC, Invites Bids from Merchant Bankers by September 10

News 18  

The government is planning to sell part of its stake in Indian Railway Catering and Tourism Corp in the current fiscal, and has invited bids from merchant bankers for managing the sale process. Of this, Rs 1.20 lakh crore will come from disinvestment of public sector undertakings and another Rs 90,000 crore from stake sale in financial institutions. DIPAM, which …

IRFC IPO likely by December-end, to fetch about Rs 500-1,000 cr – India TV
4 years, 8 months ago

IRFC IPO likely by December-end, to fetch about Rs 500-1,000 cr – India TV

India TV News  

The government is looking at launching initial public offering of Indian Railway Finance Corp Ltd by the end of the year. The issue is likely to fetch about Rs 500-1,000 crore to the government, a finance ministry official said. IRFC had in January filed draft red herring prospectus with the Securities and Exchange Board of India for IPO of over …

Indian Railway Finance Corporation receives SEBI nod for IPO; maiden offer comprises fresh issue of 93.8 cr equity shares
5 years ago

Indian Railway Finance Corporation receives SEBI nod for IPO; maiden offer comprises fresh issue of 93.8 cr equity shares

Firstpost  

The SEBI’s observations are necessary for any company to launch public issues such as IPO, follow-on public offer and rights issue. New Delhi: Indian Railway Finance Corporation has got markets regulator SEBI’s approval for its initial public offer. The IPO comprises fresh issue of 93.8 crore equity shares and an offer for sale of 46.9 crore equity shares by the …

IRCTC shares soar over 9% to Rs 1,326.45 to hit fresh peak in early trade ahead of Union Budget 2020
5 years, 1 month ago

IRCTC shares soar over 9% to Rs 1,326.45 to hit fresh peak in early trade ahead of Union Budget 2020

Firstpost  

In October last year, IRCTC had made a blockbuster stock market debut with its shares zoomed over 101 percent to Rs 680 per share against the issue price of Rs 320. The Indian Railway Catering and Tourism Corporation shares jumped nine percent to hit fresh peak in eary trade on Saturday ahead of the presentation of the Union Budget 2020. …

NSE approaches markets regulator Sebi for IPO
5 years, 2 months ago

NSE approaches markets regulator Sebi for IPO

India TV News  

The National Stock Exchange on Monday said it has approached markets regulator Sebi for its initial public offering and hopes to launch the public issue by September this year subject to approvals. "We have approached Sebi to seek its approval for the IPO and after that we will start the process of appointing merchant bankers, who will help the exchange …

IRCTC IPO: 10 interesting facts that make the initial public offering of IRCTC a talking point
5 years, 5 months ago

IRCTC IPO: 10 interesting facts that make the initial public offering of IRCTC a talking point

India TV News  

IRCTC IPO: The Indian Railway Catering and Tourism Corporation made a blockbuster entry on its debut listing on BSE and NSE. Indiatvnews.com brings to you 10 interesting things to know about IRCTC IPO 10 things you need to know about IRCTC's initial public offering : The IRCTC IPO was a huge hit among investors, as it got subscribed 111.91 times …

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