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Indian Railway Finance Corporation Ltd logo

Indian Railway Finance Corporation Ltd

NSE: IRFC BSE: 543257

₹97.51

(1.69%)

Fri, 05 Jun 2026, 08:51 am

mtf coin illustrationMTF 5x

Company History

1986

  • The company was incorporated as a public limited company by the Ministry of Railways.

1987

  • The company issued 25,00,000 - 10% (Tax-free) secured redeemable non-convertible bonds of Rs.1,000 each for cash.
  • The company privately placed 30,93,954-9% (Tax-free) secured redeemable non-convertible bonds of Rs.1,000 each.

1988

  • The company issued 40,00,000 - 9% (Tax-free) secured redeemable non-convertible bonds of Rs.1,000 each for cash.

1989

  • The company issued 60,00,000 - 9% (Tax-free IIIrd series) secured redeemable non-convertible bonds of Rs.1000 each.
  • The company issued 100,00,000-9% (Tax-free IVth series) redeemable non-convertible bonds of Rs.1,000 each.
  • All shares were allotted to the President of India and his nominees.

1990

  • The company privately placed 107,00,000 - 9% (Tax-free Vth Series) secured, redeemable non-convertible bonds of Rs.1,000 each for cash.

1991

  • The company owned a fleet of 847 locomotives, 2,694 passenger coaches, 34,237 wagons, and 4 cranes, with a total investment of Rs.3,873.65 crores.
  • The company issued 10,00,000 - 9% (Tax-free Vth series) secured redeemable non-convertible debentures of Rs.1,000 each for cash.

2000

  • Indian Railways launched a luxury service from Delhi to Sariska and back in partnership with Sarisa Palace Hotel.

2004

  • The company raised Rs 150 crore through private placement of bonds.

2022

  • IRFC signed a MoU with India Infrastructure Finance Company.

2023

  • IRFC and RITES signed a MoU to strengthen cooperation in financing and development of Railway Infrastructure Projects.