Page 7 - Irfc
Share sales gather pace as mkt turns buoyant, valuations hit lifetime highs
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
 "Share sales gather pace as mkt turns buoyant, valuations hit lifetime highs")
IRFC IPO to open on January 18; firm looks to raise Rs 4,600 crore
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
 "IRFC IPO to open on January 18; firm looks to raise Rs 4,600 crore")
IRFC's Rs 4,600 cr IPO may launch this month; 1st by any public sector NBFC
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
 "IRFC's Rs 4,600 cr IPO may launch this month; 1st by any public sector NBFC")
IRFC files papers with Sebi to float IPO of over 1.78 bn shares
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
 "IRFC files papers with Sebi to float IPO of over 1.78 bn shares")
32 firms show interest in redevelopment of four railway stations
Nagpur, Gwalior, Amritsar, Sabarmati may see Rs 1,300-crore investment
 "32 firms show interest in redevelopment of four railway stations")
IRFC likely to decide on issue of retail bonds following IPO response
IRFC engages in selective hedging of its foreign exchange exposure, and even those costs are passed on to the government
 "IRFC likely to decide on issue of retail bonds following IPO response")
Indian Railway Finance Corporation files IPO draft papers with Sebi
The shares of the company are proposed to be listed on the BSE and the NSE.
 "Indian Railway Finance Corporation files IPO draft papers with Sebi")
IRFC, World Bank may fund govt's Rs 1-trn plan to upgrade railway stations
The government's plan was to redevelop at least 600 stations at an investment of Rs 1 trillion
 "IRFC, World Bank may fund govt's Rs 1-trn plan to upgrade railway stations")
IRFC tax issue resolved; to raise additional debt of over Rs 630 billion
IRFC faced a deferred tax liability as its depreciation was greater than its profit
 "IRFC tax issue resolved; to raise additional debt of over Rs 630 billion")
First debt security at IFSC: BSE's India INX lists IRFC green bonds
IRFC had last year raised $500 million from 10-year green bond from investors in Asia, Europe, US
 "First debt security at IFSC: BSE's India INX lists IRFC green bonds")
IRFC an outlier in project finance for core sector
Railways' mega investment plan of Rs 8.56 lakh crore over five years starting from 2015
 "IRFC an outlier in project finance for core sector")