IRFC

Indian Railway Finance Corp. Ltd. engages in the business of borrowing funds from the finance markets to finance the acquisition of assets which are leased out to the Indian Railways as finance lease. The company is headquartered in New Delhi, Delhi and currently employs 41 full-time employees. The company went IPO on 2021-01-29. The firm operates through the Leasing and Finance segment. The Company��s principal business is to borrow funds from the financial markets to finance the acquisition / creation of assets, which are then leased out to the Indian Railways as finance lease. The Company’s main business is to finance the acquisition of rolling stock assets, leasing of railway infrastructure assets, and lending to other entities under the Ministry of Railways (MoR). The company uses a leasing approach to fund Indian Railways' Rolling stock and project assets. The company lends funds to MoR and other Railway Entities in order to fuel their growth plan. The company also provides loans to Rail Vikas Nigam Limited (RVNL) and IRCON. The company raises funds from various sources, including term loans and bonds from domestic and international market.