Indian Railway Finance Corporation (IRFC), a public sector undertaking under the railways ministry, has fixed price band at Rs 25-Rs 26 per equity share for its Rs 4,600-crore initial public offering (IPO). The offer will comprise up to 178.2 crore shares of face value of Rs 10 each. The IPO includes a fresh issue of up to 118.8 crore shares (fresh issue) and an offer for sale of up to 59.4 crore equity shares by the President...
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