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Blog Entry# 679637
Posted: Feb 25 2013 (19:13)
5 Responses
Last Response: Feb 25 2013 (19:45)
5 Responses
Last Response: Feb 25 2013 (19:45)
Dear Members,
We have seen that the IR is facing Financial Crunch and its direct effects are being shown in delays of execution of Projects and due to this delays the Estimated costs going high as time passes on so on so fourth...This is Just as an thought shouldn't IR consider a Idea of going for a "IPO" to raise funds from outside to fund its projects which various organizations and PSU companies do...I Don't know how Practically its feasible but thought of discussing it.But I am sure if would get very good response if it decides to do so.
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We have seen that the IR is facing Financial Crunch and its direct effects are being shown in delays of execution of Projects and due to this delays the Estimated costs going high as time passes on so on so fourth...This is Just as an thought shouldn't IR consider a Idea of going for a "IPO" to raise funds from outside to fund its projects which various organizations and PSU companies do...I Don't know how Practically its feasible but thought of discussing it.But I am sure if would get very good response if it decides to do so.
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1 Public Posts - Mon Feb 25, 2013
Indian Railway Finance Corporation Limited, dedicated financing arm of the Ministry of Railways (MoR), will open its Public Issue of tax free, secured, redeemable, non-convertible bonds of face value of Rs 1,000 each in the nature of debentures on January 21, 2013. The issue is worth Rs. 10,000 crores, during the Fiscal 2013. This tranche issue by the company is of bonds aggregating to Rs 1,000 crore with an option to retain oversubscription up to the Shelf Limit (i.e., up to Rs 8,886.40 crore).
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The funds raised through this issue will be...
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The funds raised through this issue will be...
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3 Public Posts - Mon Feb 25, 2013