Indian Railway Finance Corporation logo

Indian Railway Finance Corporation shareholders and shareholding pattern

NSE: IRFCBSE: 543257FinanceLarge Cap

Last close ₹74.45down ₹2.55 (3.31%)BSE ₹74.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹77.00.

52-week range of traded prices to 23 Oct 2026
₹73.76Low, 23 Oct 2026₹137.17High, 29 Dec 2025
Market cap
₹97,295 Cr69th largest listed
P/E
13.2
P/B
1.6
Dividend yield
2.96%
ROE
12.6%
NIM
−4.92%
Cost of funds
4.71%
Credit cost
0.06%
ROA
1.39%
Leverage
9.19times net worth
Volume, NSE
91,24,57734.0% delivered

Who owns Indian Railway Finance Corporation, filing by filing

Per cent of the company's shares. Every filing on record, from Mar 2021; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters82.90%
  • Foreign institutions1.15%
  • Indian institutions3.97%
  • GovernmentsNone
  • Individuals and others11.98%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Governments
  • Individuals and others
Per centMar 2021Filed 16 AprJun 2021Filed 15 JulSep 2021Filed 11 OctDec 2021Filed 14 JanMar 2022Filed 13 AprJun 2022Filed 15 JulSep 2022Filed 20 OctDec 2022Filed 19 JanMar 2023Filed 13 AprJun 2023Filed 18 JulSep 2023Filed 18 OctDec 2023Filed 17 JanMar 2024Filed 18 AprJun 2024Filed 19 JulSep 2024Filed 18 OctDec 2024Filed 17 JanMar 2025Filed 17 AprJun 2025Filed 21 JulSep 2025Filed 16 OctDec 2025Filed 19 JanMar 2026Filed 16 AprJun 2026Filed 17 JulSep 2026Filed 14 Oct
86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%84.65%82.90%82.90%
Indian promoters86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%86.36%84.65%82.90%82.90%
13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%13.64%15.35%17.10%17.10%
Shares in issue13,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,00013,06,85,06,000
Shares locked in11,28,64,37,00011,28,64,37,00011,28,64,37,00011,28,64,37,0002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,20000000––––––
Promoters' shares locked in11,28,64,37,00011,28,64,37,00011,28,64,37,00011,28,64,37,0002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,2002,61,37,01,20000000––––––
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Indian Railway Finance Corporation shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersMar 2021Filed 16 AprJun 2021Filed 15 JulSep 2021Filed 11 OctDec 2021Filed 14 JanMar 2022Filed 13 AprJun 2022Filed 15 JulSep 2022Filed 20 OctDec 2022Filed 19 JanMar 2023Filed 13 AprJun 2023Filed 18 JulSep 2023Filed 18 OctDec 2023Filed 17 JanMar 2024Filed 18 AprJun 2024Filed 19 JulSep 2024Filed 18 OctDec 2024Filed 17 JanMar 2025Filed 17 AprJun 2025Filed 21 JulSep 2025Filed 16 OctDec 2025Filed 19 JanMar 2026Filed 16 AprJun 2026Filed 17 JulSep 2026Filed 14 Oct
All shareholders13,52,25914,49,11114,77,21215,19,48715,15,22614,90,30214,59,49716,05,72616,34,91918,05,74027,03,00032,51,99345,26,34151,08,89355,00,05455,40,76756,35,77554,51,17253,17,98151,69,33151,13,56950,86,48850,13,659
11111111111111111111111
Indian promoters11111111111111111111111
13,52,25814,49,11014,77,21115,19,48615,15,22514,90,30114,59,49616,05,72516,34,91818,05,73927,02,99932,51,99245,26,34051,08,89255,00,05355,40,76656,35,77454,51,17153,17,98051,69,33051,13,56850,86,48750,13,658
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Indian Railway Finance Corporation promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is PRESIDENT OF INDIA ACTING THROUGH THE MOR, 82.90%.Promoter buying and selling

Holder
PRESIDENT OF INDIA ACTING THROUGH THE MORCentral and state governments82.90%10,83,36,51,764
No promoter shares are reported as pledged.

Largest public holders of Indian Railway Finance Corporation, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Indian Railway Finance Corporation

HolderMar 2025Filed 17 AprJun 2025Filed 21 JulSep 2025Filed 16 OctDec 2025Filed 19 JanMar 2026Filed 16 AprJun 2026Filed 17 JulSep 2026Filed 14 Oct
LIFE INSURANCE CORPORATION OF INDIAInsurance companies1.05%1.10%1.10%1.10%2.54%3.54%3.54%
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.