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The government will get how many rupees (in crores) from the initial public offering (IPO) of Indian Railway Finance Corporation?

The government will get how many rupees (in crores) from the initial public offering (IPO) of Indian Railway Finance Corporation? Correct Answer 1,544

The correct answer is 1,544.

  • The government will get ₹1,544 crores from the initial public offering (IPO) of the Indian Railway Finance Corporation.
  • The ₹4,633 crores IPO of Indian Railway Finance Corporation (IRFC) was subscribed 3.49 times on the final day of bidding on 20 Jan 2021.
  • So far in the current fiscal, the government has mopped up ₹15,220 crore from disinvestment and share buyback.

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