Sunday, January 17, 2021

IRFC IPO Subscription Numbers & Status - Should you subscribe?

IRFC IPO to hit the market on 18 January 2021. The company is doing financial planning for Indian Railways. According to last few days GMP data it looks that the price is settle around ₹1-2. As per the past experience we have witnessed that the Railway Company IPO listing at flat but give handsome returns in coming months like RITES and IRCTC. We will have another good company in hand so if you want to invest then go for long term only. Let's see how it subscription will come up. Check IRFC IPO GMP day by day.

Latest Update: IRFC IPO subscribed 3.49x times, QIB 3.78x, HNI 2.67x and RII 3.66x times overall.


IRFC IPO Subscription Status
(Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.00x 0.00x 3.78x
HNI 0.09x 0.24x 2.67x
RII 1.25x 2.33x 3.66x
EMP 13.53x 27.41x 43.76x
Total 0.65x 1.22x 3.49x

IRFC IPO Date & Price Band:

 IPO Open:  18 January 2021
 IPO Close:  20 January 2021
 IPO Size:  Approx ₹4633 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹25 to ₹26 Per Share 
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  178,20,69,000 Shares

IRFC IPO Market Lot:

  Minimum Lot Size:  Minimum 575 Shares
 Minimum Amount:  ₹14,950
  Maximum Lot Size:  Maximum 7475 Shares
 Maximum Amount:  ₹194350

IRFC IPO Allotment & Listing:

 Basis of Allotment:  25 January 2021
 Refunds:  27 January 2021
 Credit to Demat Account:  28 January 2021
 Listing Date:  29 January 2021

IRFC IPO Subscription FAQs:

When IRFC IPO Subscription will start?
The IPO subscription starts on 18 January 2021 for QIB, NII, and Retail Investors.

How much IRFC IPO subscribed?
The IPO subscribed 3.49x times overall.

What is IRFC IPO retail subscription status?
The retail subscription is 3.66x overall.

How to subscribe IRFC IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

How do i check live IRFC IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.