 | |
| Company type | Public |
|---|---|
| ISIN | INE053F01010 |
| Industry | Financial services |
| Founded | 12 December 1986[1] |
| Headquarters | New Delhi, India |
Key people | Manoj Kumar Dubey(Chairman &MD) |
| Services |
|
| Revenue |  ₹26,644 crore (US$3.2 billion) (2023-24) |
| ₹26,519 crore (US$3.1 billion) (2023-24) | |
| ₹6,412 crore (US$760 million) (2023-24) | |
| Total assets | ₹464,641 crore (US$55 billion) (2023-24) |
| Total equity | ₹49,178 crore (US$5.8 billion) (2023-24) |
| Owner | Government of India (86.36%) |
Number of employees | 42 |
| Website | irfc |
| Footnotes / references [2] | |
Indian Railway Finance Corporation (IRFC) is an Indianpublic sector undertaking (PSU)[3] engaged in raising financial resources for expansion and running through capital markets and other borrowings.[4][5] TheGovernment of India owns a majority stake in the company, while theMinistry of Railways has administrative control.[6] In March 2025, IRFC was given theNavaratna status by the Government of India, becoming the 26th PSU in this list.[7][8]
IRFC was founded on 12 December 1986.[1] It started borrowing from the market in 1987–88.
The company launched itsinitial public offering on 18 January 2021[9] and got listed on theNational Stock Exchange of India andBombay Stock Exchange on 29 January 2021.
As of 2024-25 Q3 reports, its promoter group (Government of India) holds 86.36% ownership while the public has the rest of the 13.64% shares.[10]
IRFC raises money through financial bonds and from banks and financial institutions.[11][12]
IRFC's Board of Directors includes Uma Ranade as Chairman and Managing Director, Shelly Verma as Director (Finance), Baldeo Purushartha as Nominee Director,Vallabhbhai Maneklal Patel as Non-Official Independent Director, and Sheela Pandit as Non-Official Independent Director.[13][14]
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| National | |
