IRFC IPO: CEO Amitabh Banerjee explains future expansion plans of the company
Anchor allotment which is done is of Rs 1390 cr which is 30% of the issue size, 68.4% of which is from Domestic Investors while 31.6% is from FII’s. Major Anchor Book investors are HDFC Mutual Fund, Government of Singapore, Nippon MF, Invesco and many more. IRFC has gone very good response in their Anchor Book Investors which is the key reason of the Anchor Book being oversubscribed.
IRFC had already raised Rs 34000 cr, IRFC has to Rs approximately Rs 80000 cr in remaining 2.5 months. This would be record disbursement this year and 70% of the capex requirement would be financed by IRFC: Zee Business