The Rs 4,633-crore Indian Railway Finance Company (IRFC) preliminary public provide (IPO) is about to open for subscription on Monday, January 18, 2021, within the value band of Rs 25-26 apiece. On the higher finish of the worth band, IRFC would increase Rs 4,455 crore, and on the decrease finish, Rs 4,633 crore. The anchor e book will open at this time (Friday, January 15, 2021) and might be allotted as much as 60 per cent of the portion reserved for QIBs, to construct investor confidence on the IPO. 

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