WebMar 10, 2016 · NEW DELHI: The tax-free bond issue of Indian Railway Finance Corporation (IRFC), the last issue for this financial year, received a strong response on Thursday, with Rs 2,450 crore worth of papers getting fully subscribed within the first hour of listing on BSE. By 11.00 AM, bids were received for 50,53,107 bonds compared with 50,00,000 bonds ... WebDec 3, 2015 · Indian Railway Finance Corp Ltd (IRFC) is coming out with its tax free, Secured, Redeemable, NON-CONVERTIBLE BONDS OF FACE VALUE OF Rs. 1,000 EACH IN THE …
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WebWebsite. irfc .co .in. Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [4] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [5] The Government of India owns a majority stake in the company, while the Ministry of Railways has the administrative control. WebMay 21, 2024 · The original subscriber to the Indian Railways Finance Corporation (IRFC) N9 series bond paid only Rs 1,000 and is today getting a solid returns of 8.48% coupon. However, since interest rates... shannonside deaths.ie
IRFC Ltd Tax Free Bonds issue Dec 2015 - Chittorgarh.com
WebDec 5, 2015 · IRFC is Govt of India enterprise and it is safe to invest in such bonds. Attractive tax free returns up to 7.53% per annum for 15 years bond. If you are in a high tax bracket of 30%, your pre-tax return works out to be 10.9%. Currently banks … WebJan 16, 2013 · IRFC Tax Free Bonds Issue (with a Base Issue Size of Rs. 1,000 Cr. with an option to retain over subscription upto the Shelf Limit i.e. Rs. 8,886.40Cr) opens on 21st … WebMay 11, 2024 · The ratings for Indian Railway Finance Corporation (IRFC) Ltd factor in its sovereign ownership (86.36% held by the Government of India (GoI) as on March 31, 2024) and its strategic importance to the Ministry of Railways (MoR). ... company [s borrowings were through a combination of long-term domestic tax-free and taxable bonds, 31% from … pomona gin factory