Indian Railway Finance Corporation IPO - Investment Rationale: KRChoksey
Trains sit idle at the Delhi Junction railway station. (Photographer T. Narayan/Bloomberg)

Indian Railway Finance Corporation IPO - Investment Rationale: KRChoksey

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Report

Indian Railway Finance Corporation Ltd. incorporated on December 1986, is registered as non-banking financial company and is wholly-owned by the Government of India acting through the Ministry of Railway (MoR).

It is the dedicated market borrowing arm of the Indian Railways, primarily in business of financing acquisition of rolling stock assets, which includes both powered and unpowered vehicles like locomotives, coaches, wagons, trucks, flats, electric multiple units, containers, cranes, trollies of all kinds and other items of rolling stock components.

It is also in business of leasing of railway infrastructure assets and national projects of the Government of India (collectively,’ Project Assets’ ) and lending to other entities under MoR.

Click on the attachment to read the full report:

KRChoksey IRFC IPO Note.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.