31 Mar 2017
Assets1,826.45
Total Income1,602.85
EBITDA330.12
Profit After Tax229.08
NET Worth786.56
Reserves and Surplus746.56
Total Borrowing0.00
At a glance
Updated 2026-09-19IRFC is a Mainboard IPO with an issue size of ₹4,633.38 crore, proposed for listing on BSE, NSE. The offer opens on 18th Jan 2021 and closes on 20th Jan 2021. The issue structure includes a fresh issue of ₹3,088.92 crore and an offer-for-sale component of ₹1,544.46 crore. The current listing schedule points to 29th Jan 2021.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹4,633.38 Cr
Fresh issue₹3,088.92 Cr
Offer for sale₹1,544.46 Cr
Face value₹10
Price band₹25.00–₹26.00
Allotment25th Jan 2021
Listing29th Jan 2021
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹26.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens18th Jan 2021
Closes20th Jan 2021
Allotment25th Jan 2021
Refund27th Jan 2021
Demat28th Jan 2021
Listing29th Jan 2021
Subscription demand
Full bidding ↗Total3.49×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 575 | ₹14,950 |
Company
Incorporated1986
Use of proceeds
| Object | Amount |
|---|---|
| Augmenting ourequity capital base to meet ourfuture capital requirements arising out of growth in our business | ₹3,011.88 Cr |
| General corporate purposes | ₹50.00 Cr |
| Issue expenses | ₹43.12 Cr |
| Total | ₹3,105.00 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue1,956.66₹ Cr · +24.7% vs prior year
EBITDA398.98₹ Cr · +25.0% vs prior year
PAT272.60₹ Cr · +23.6% vs prior year
Assets2,583.78₹ Cr · +11.4% vs prior year
Net Worth1,042.84₹ Cr · +9.3% vs prior year
Borrowing0.00₹ Cr
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2018
Assets2,319.11
Total Income1,569.56
EBITDA319.07
Profit After Tax220.62
NET Worth954.53
Reserves and Surplus914.53
Total Borrowing0.00
31 Mar 2019
Assets2,583.78
Total Income1,956.66
EBITDA398.98
Profit After Tax272.60
NET Worth1,042.84
Reserves and Surplus882.84
Total Borrowing0.00
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managersfees and commissions (including any underwriting commission) | 3.9 |
| 2 | Commission/processing fee for SCSBs and Sponsor Bank. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 8.79 |
| 3 | Fees payable to Registrar to the Issue | |
| 4 | Regulatory filing fees, book building software fees, listing fees, etc.) | 11.86 |
| 5 | Printing and stationery | 2.07 |
| 6 | Fee payable to legal counsels | 1.43 |
| 7 | Advertising and marketing | 13.84 |
| 8 | Miscellaneous | 1.23 |
| Total | 43.12 |
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Indian Railway Finance Corporation IPO | — | 9.00 x | — | — |
| Asset Reconstruction IPO | — | 11.07 x | — | — |
| Gaja Alternative IPO | — | 27.54 x | — | — |
| Turtlemint Fintech IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Augmenting ourequity capital base to meet ourfuture capital requirements arising out of growth in our business | ₹3,011.88 Cr |
| General corporate purposes | ₹50.00 Cr |
| Issue expenses | ₹43.12 Cr |
| Total | ₹3,105.00 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-19.
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