Company Indian Railway Finance Corporation Limited Bombay S.E.

Equities

543257

INE053F01010

Corporate Financial Services

Delayed Bombay S.E. 01:45:17 2024-04-16 am EDT 5-day change 1st Jan Change
141.6 INR +1.00% Intraday chart for Indian Railway Finance Corporation Limited -3.64% +42.77%

Business Summary

Indian Railway Finance Corporation Limited is an India-based financing arm of the Indian railways. The Company operates through the Leasing and Finance segment. The Company’s principal business is to borrow funds from the financial markets to finance the acquisition / creation of assets, which are then leased out to the Indian Railways as finance lease. The Company’s main business is to finance the acquisition of rolling stock assets, leasing of railway infrastructure assets, and lending to other entities under the Ministry of Railways (MoR). It uses a leasing approach to fund Indian Railways' Rolling stock and project assets. It lends funds to MoR and other Railway Entities in order to fuel their growth plan. It also provides loans to Rail Vikas Nigam Limited (RVNL) and IRCON. It raises funds from various sources, including term loans and bonds from domestic and international market.

Number of employees: 41

Sales per Business

INR in Million2022Weight2023Weight Delta
Leasing and Finance
100.0 %
203,016 100.0 % 239,326 100.0 % +17.89%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
203,016 100.0 % 239,326 100.0 % +17.89%

Managers

Managers TitleAgeSince
Director of Finance/CFO - 23-05-24
Director of Finance/CFO 59 20-08-31
Compliance Officer - 18-03-08
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 20-06-02
Director/Board Member 38 21-11-21
Director/Board Member 55 21-11-09
Director of Finance/CFO 59 20-08-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 13,068,506,000 1,782,069,000 ( 13.64 %) 0 13.64 %

Shareholders

NameEquities%Valuation
Government of India
86.36 %
11,286,437,000 86.36 % 19 270 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
0.1169 %
15,283,086 0.1169 % 26 M ₹
State Street Global Advisors Ltd.
0.0299 %
3,911,312 0.0299 % 7 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
0.0132 %
1,722,715 0.0132 % 3 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
0.0110 %
1,436,537 0.0110 % 2 M ₹
Dimensional Fund Advisors Ltd.
0.0101 %
1,319,964 0.0101 % 2 M ₹
SBI Funds Management Ltd.
0.006939 %
906,870 0.006939 % 2 M ₹
Edelweiss Asset Management Ltd.
0.004040 %
527,967 0.004040 % 901 440 ₹
Tata Asset Management Ltd.
0.003883 %
507,448 0.003883 % 866 407 ₹
DFA Australia Ltd.
0.002547 %
332,888 0.002547 % 568 366 ₹

Company contact information

Indian Railway Finance Corp. Ltd.

The Ashok, Diplomatic Enclave 50-B, Chanakyapuri

110021, New Delhi

+91 11 2410 0385

http://www.irfc.nic.in
address Indian Railway Finance Corporation Limited(543257)
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