//]]> //]]> Indian Stock Market Analysis: Indian Railway Finance Corporation Limited IPO subscribed 3.48 times and Retail part subscribed 3.64 times on Last day till 5PM

Wednesday, January 20, 2021

Indian Railway Finance Corporation Limited IPO subscribed 3.48 times and Retail part subscribed 3.64 times on Last day till 5PM

The initial public offer (IPO) of Indian Railway Finance Corporation Limited subscribed 3.48 times on Wednesday the last day of the offering data from stock exchanges show.

Indian Railway Finance Corporation Limited had set a price band of Rs 25-26 per share and the IPO closed on 20th January.

The portion of shares reserved for Qualified institutional investors was subscribed 3.78 times, while shares reserved for retail investors was subscribed 3.64 times.


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