Should you subscribe? Likhita Chepa, Senior Research Analyst at CapitalVia Global Research and Nirali Shah, Senior Research Analyst, Samco Securities answers this in the podcast. Tune in to know more
Stock market updates: The S&P BSE Sensex hit an intra-day low of 48,404 today
Railway-related stocks such as IRCTC and RITES may see a sharp surge once significant resistances are breached
Investors can apply for IRFC's IPO in lots of 575 shares, and in multiples thereof
Priced at Rs 25-26 a share, IRFC's nearly risk-free model positions the initial public offering as a safe bet for investors
Investment bankers said more IPOs including that of Home First Finance Company, RailTel Corporation of India, Kalyan Jewellers India, Stove Kraft and Suryoday Small Finance Bank will be rolled out
The issue consists of a fresh issue of up to 118.80 crore shares and offer for sale of up to 59.40 crore shares by the government
Indian Railway Finance Corporation initial public offering of about Rs 4,600 crore may hit the markets later this month, a first by a non-banking financial company in the public sector
The net proceeds are proposed to be utilised towards augmenting the company's equity capital base to meet future capital requirements arising out of growth in business and general corporate purposes
Nagpur, Gwalior, Amritsar, Sabarmati may see Rs 1,300-crore investment
IRFC engages in selective hedging of its foreign exchange exposure, and even those costs are passed on to the government
The shares of the company are proposed to be listed on the BSE and the NSE.
The government's plan was to redevelop at least 600 stations at an investment of Rs 1 trillion
IRFC faced a deferred tax liability as its depreciation was greater than its profit
IRFC had last year raised $500 million from 10-year green bond from investors in Asia, Europe, US
Railways' mega investment plan of Rs 8.56 lakh crore over five years starting from 2015