IRFC IPO Allotment 2021 | How to check status | Grey Market Premium | Listing Date | IRFC IPO Allotment Status Online | IRFC IPO Schedule | Check Status On www.bseindia.com | IRFC IPO shares to be listed in BSE and NSE on January 29

Overview: IRFC IPO Allotment 2021

Investors will be able to participate in an IRFC IPO, Real Estate Investing on the Private Placements (IRPE) and the IRFC OTCBB Small Cap exchanges. The IPO is an offer made by an underwriter to an individual investor. The purpose of the IPO is to finance a private placement for the company. This is different than buying shares of stock from an established company. When you are investing in an IPO with an investment fund, you are purchasing 100% of the future profits of the company. We are going to discuss about “IRFC IPO Allotment 2021” in this article.

Important IRFC IPO Schedule: IRFC IPO Allotment 2021

Bid/Offer Opening DateJan 18, 2021
Bid/Offer Closinging DateJan 20, 2021
Basis of Allotment Final DateJan 25, 2021
Initiation of refundsJan 27, 2021
Equity Shares Credit OnJan 28, 2021
Listing DateJan 29, 2021

IRFC IPO Latest Details: IRFC IPO Allotment 2021

Issue OpenJan 18, 2021
Issue CloseJan 20, 2021
IPO Price₹25 – ₹26
Face Value₹10
IPO Size₹4,633.38 Cr
Listing AtBSE, NSE
IPO Lot Size575

When it comes to the IRFC, which stands for International Recycling Fund, there are various categories in which you can invest. One category is Retail Investment Fund, which is for retail investors only. The other category is the Small Business Investment Fund (SBIIF), which is ideal for small businesses or individuals who have not reached the accredited investor stage of their business. The IRAQ, which stands for IRA Qualified Deposit, is also available to IRA holders who have reached the accredited investor stage. You also have the IRA Investment Grade (IRAQ) which is for self-directed IRA investments and is suitable for those who have their own brokerage firm or have substantial investments in their own funds.

Now for the IPO allotment date and price, you should check if ipo listings and the company’s current listing at S&P and Moody’s. On the day of the release, there will be quotes on various financial news agencies, including the WSJ. It is advisable to discuss your plans and expectations with your broker before making any investment decisions. There are certain rules and regulations that you need to follow according to the laws of IRFC. This includes the underwriting requirements, margin requirements, minimum deposit requirements, transaction fees and other transaction charges.

One of the things you need to know on how to apply for IRFC IPO allotment date is the minimum deposit amount. This is essential since you will be required to pay an initial deposit before you can purchase shares. In addition, you will be expected to pay a maintenance or other fees depending on the broker and the company. However, you will not be required to pay the full amount in the beginning since there are some discounts offered to new investors.

The next step is to find out what is the irfc to listing date and the maximum lot size. The minimum lot size is 100 shares. To find this information, you should search for the “NPV” or the Net Present Value of the stock. The higher the value is, the lower the price that you will have to pay for each share.

IRFC grey market premium 

The gray market top of IRFC stocks had dropped to Rs 0.60-0.65 from Re 1 final week.

IRFC was the very first initial public offer in 2021 as well as the eldest IPO with a non-banking financial business in the public sector.

Meanwhile, the authorities will get Rs 1,544 crore in the IPO of IRFC. IRFC IPO needed a entire size of Rs 4,633 cr of that IRFC will get two thirds of the profits and the authorities one third (Rs 1,544 cr). Against an quantity of Rs 3,244 cr to be increased (ex-anchor) forecasts of over Rs 11,200 cr are obtained.

So much today fiscal, the government has mopped up Rs 15,220 crore from disinvestment and share buyback.

Of the Rs 1.20 lakh crore would be to come in minority stake purchase in CPSEs and Rs 90,000 crore from stake purchase in state-owned monetary institutions.

How to check IRFC IPO Allotment Status?

  • First of all visit the website of the Registrar ASBA for this IPO.
  • After this, select the IPO of Indian Railway Finance Corporation.
  • If entering application number, select ASBA or NON-ASBA in application type and enter the application number.
  • If entering DPID or Client ID, select NSDL or CDSL in the depository and enter DPID or Client ID.

How to check on BSE website

First go to www.bseindia.com. Then select Equity in issue type. After this, choose Indian Railway Finance Corporation in the name of the issue. After this, fill the application number and after entering the PAN number, click on the Search button. The share will appear on the Share Allotment Status screen.

FAQ

How did investors react to the IPO?

The IPO of IRFC is subscribed 3.49 times. IRFC had issued 124 crore equity shares for this IPO, while it has received bids for 435 crore equity shares. The IPO has been subscribed 3.78 times for qualified institutional buyers (QIB) and 2.67 times for non-institutional investors. At the same time, retail investors subscribed it 3.66 times while railway employees subscribed it 43.73 times. People who invested money to buy the company’s shares in this IPO

When is IRFC IPO allotment expected?

The IRFC IPO allotment status will be accessible on Jan 25, 2021, in accordance with the deadline given in the red-herring prospectus.

What is the expected listing price of the IRFC IPO?

The anticipated set price of IRFC IPO depends on several factors such as need, character of the company, market environment and condition of the market. The IRFC IPO gray market premium provides some sign but the actual record price is hard to guess.

What is the Issue Size of Indian Railway Finance IPO?

The firm is selling 1,407,069,000 stock shares as an initial public offer. In this post, we highlight the facets of the topic. The statistics on the latest topic, sales bid and net problem are visible.

What is the Indian Railway Finance IPO Open Date?

Changed the date of opening and closure of the IPO. The IPO will open on 18 January and the deadline for closure will be 20 January.

What is GMP of Indian Railway Finance IPO?

We have obtained the GMP of this IPO and it is Rs 1.50 – 2.0. The further insights of Kostak rate and subject to sauda or SS are as well included in this report.

Is Indian Railway Finance IPO good for Investment?

The key explanation is that IRFC is the Indian railway financing arm and a wholly-owned government subsidiary. For investors searching for lucrative prospects and ideas, this makes them an attractive choice to invest. Based on its positive balance sheet, we can project future growth in the business.

What is the IRFC IPO share listing date on the exchange?

Once shares are allotted and refund has made then thereafter, the IPO will be listed in the market. The IRFC IPO shares are expected to list by 29-01-2021.

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