IRFC raises Rs 1,390 crore from 31 anchor investors ahead of IPO

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MUMBAI: Indian Railway Finance Corporation (IRFC) has raised Rs 1,390 crore from 31 anchor investors ahead of its proposed initial public offer (IPO). About 53.46 crore equity shares were allotted to anchor investors on Friday at an upper price band of Rs 26 per share. For the first time, the state owned company has made … Read more