
Indian Railway Finance Corporation Limited
Government-owned financing company for Indian Railways, providing funds for assets and infrastructure projects.
Government-owned financing company for Indian Railways, providing funds for assets and infrastructure projects.
Indian Railway Finance Corporation Limited (IRFCL) is a leading Public Limited Union Government Company incorporated in India on 12 December 1986 and has a history of 38 years and four months. Its registered office is in Delhi, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25,000.00 Cr and a paid-up capital of Rs 13,068.51 Cr.
The company currently has active open charges totaling ₹280,048.63 Cr. The company has closed loans amounting to ₹164,509.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indian Railway Finance Corporation Limited India are Vijay Shirode as COMPANY SECRETARY and Sunil Goel as Cfo. Baldeo Purushartha, Vallabhbhai Patel, Sheela Pandit, and Three other members serve as directors at the Company.
Delhi, India
+91-XXXXXXXXXX
L65910DL1986GOI026363
026363
Public Limited Union Government Company
12 Dec 1986
29 Aug 2024
31 Mar 2024
Listed
Roc Delhi
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vijay Shirode | Company Secretary | 09-Mar-2018 | Current |
Sunil Goel | CFO | 25-May-2023 | Current |
Usha Venugopal ![]() | Managing Director | 01-Aug-2024 | Current |
Name | Designation | Appointment Date | Status |
---|---|---|---|
Baldeo Purushartha ![]() | Nominee Director | 03-Jun-2020 | Current |
Vallabhbhai Patel ![]() | Director | 10-Nov-2021 | Current |
Sheela Pandit ![]() | Director | 22-Nov-2021 | Current |
Abhishek Kumar ![]() | Nominee Director | 30-May-2024 | Current |
Shelly Verma ![]() | Whole-Time Director | 30-Sep-2020 | Current |
Indian Railway Finance Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.89% increase. The company also saw a slight improvement in profitability, with a 4.06% increase in profit. The company's net worth Soared by an impressive increase of 10.91%.
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In 2022, Indian Railway Finance Corporation had a promoter holding of 86.36% and a public holding of 13.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Baldeo Purushartha, Vijay Shirode and 1 more are mutual person
Baldeo Purushartha is a mutual person
Baldeo Purushartha is a mutual person
Vallabhbhai Patel is a mutual person
₹280,048.63 Cr
₹164,509.61 Cr
Date | Lender | Amount | Status |
---|---|---|---|
27 May 2024 | Sbicap Trustee Company Limited | ₹2,066.00 Cr | Open |
18 Jan 2024 | Others | ₹1,000.00 Cr | Open |
18 Jan 2024 | Karnataka Bank Ltd. | ₹1,000.00 Cr | Open |
14 Dec 2023 | The South Indian Bank Limited | ₹350.00 Cr | Open |
23 Nov 2023 | Hdfc Bank Limited | ₹2,000.00 Cr | Open |
Unlock and access historical data on people associated with Indian Railway Finance Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Gain comprehensive insights into the Deals and Valuation data of Indian Railway Finance Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indian Railway Finance Corporation's trajectory.
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
A charge registered on 12 Mar 2021 via Charge ID 100429612 with Others was fully satisfied on 11 Oct 2024.
A charge registered on 26 Nov 2020 via Charge ID 100396433 with Others was fully satisfied on 10 Oct 2024.
A charge registered on 26 Nov 2020 via Charge ID 100396754 with Others was fully satisfied on 04 Sep 2024.
Indian Railway Finance Corporation Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.
A charge registered on 28 Dec 2022 via Charge ID 100664253 with Others was fully satisfied on 20 Aug 2024.
A charge registered on 23 Mar 2022 via Charge ID 100559449 with Others was fully satisfied on 20 Aug 2024.
IRCTC IPO could fetch about Rs 500 crore, while IRFC could garner close to Rs 1,000 crore..
Indian companies are borrowing more yen-denominated loans from Japan due to low interest rates and easier availability of funds. This is because dollar lenders are becoming more cautious. Samurai loans, which make up a small portion of Indian firms' foreign-currency facilities, are growing in importance. Highly rated companies are turning to these loans as overseas banks are hesitant to extend dollar funds. This trend is expected to continue as yen loans are cheaper than dollar loans..
Me: Can I borrow money for my eco-friendly projects? Bank: Sure, just take this bond and finance your Dedicated Freight Railway Lines and Public Passenger Transport. #GreenGoals #EcoFriendly #BondingForABetterWorld.
Indian Railway Finance Corporation Limited was incorporated on 12 Dec 1986.
The authorized share capital of Indian Railway Finance Corporation Limited is ₹ 25,000.00 Cr and paid-up capital is ₹ 13,068.51 Cr.
Currently 8 directors are associated with Indian Railway Finance Corporation Limited.
As per Ministry of Corporate Affairs (Mca), the registered address of Indian Railway Finance Corporation Limited is Ug Floor East Tower Nbcc Place Bisham Pitamah Marg Lodhi Road, Pragati Vihar India, Delhi, 110003.
The corporate identification number (CIN) of Indian Railway Finance Corporation Limited is L65910DL1986GOI026363 and the company number is 026363 as per Ministry of Corporate Affairs (MCA).
According to the financial reports for the fiscal year 2023, the revenue trend for Indian Railway Finance Corporation Limited has risen by 17.89%.
The financial reports for the fiscal year 2023 indicates that The net worth of Indian Railway Finance Corporation Limited has experienced an upsurge of 10.91%.
As per the financial statements for fiscal Year 2023, The total open charges for Indian Railway Finance Corporation Limited amount to ₹ 280,048.63 Cr.
The most recent Balance Sheet for Indian Railway Finance Corporation Limited was filed with the ROC on 31 Mar 2024.
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