IRB InvIT Fund IPO Message Board (Page 17)

The issue application size is too big, and the returns are not much clear at this moment. May be some more discussions and clarifications will give better insight.

However, the small investors can alternatively buy IRB Infra stock as it shall be big beneficiary after this IPO.

Had mailed irb infra regarding some issues n dey reverted back

Dear Sir,

Please find below our point wise reply:

1) Kindly brief me up about the rules n regulations of this fund Means if I get the Allotment will I be able to sell it or not.
Reply: As per InvIT Regulations, Trading lot for trading of units on stock exchanges shall be a minimum value of Rs. five lakhs, which will be defined in Units, currently it is minimum 5,000 Units.

2) my principal amount will always be blocked by the company and I will just get some 10-12% per annum
Reply: Please refer Offer Document. There are different ways of distribution to unitholders like, Interest, dividend and buy back.

3) if I will be able to sell on bse or nse den what is the criteria . Any minimum lot size or amount has to be fulfilled.
Reply: units can be traded on stock exchanges. Trading lot for trading of units on stock exchanges shall be five lakhs rupees, represented by way of units which is currently 5,000 units

Appreciable effort, such clarity will help all

This fund is exchang treded fund so its allot units and u sell on first day and also if u want to buy u buy it on first day.

GUYS I AM NOT SAYING THAT MONEY WILL BE BLOCKED, I AM OF THE OPINION THAT ITS BOT TYPE PROJECTS SO WHAT THE TRUST WILL GET IS THE RIGHT TO COLLECT THE TOLL FOR 16 YEARS AND AFTER 16 YEARS THE ROADS WILL BE PROPERTY OF THE GOVERNMENT. SO ITS NEITHER DEBT NOR PURE EQUITY INSTRUMENT. WE CAN ALWAYS SELL IT ON THE LISTING DAY AND LISTING WILL TAKE PLACE WITHIN 14 DAYS NOT WITHIN 7 DAYS

NO mention of listing date it will take 2 to 3 weeks to list , big issue ,

IF you want to invest it is good , but listing rate may be up or down can''t say

experts are requested to comment on GMP of this issue.
Thanks

is it SME IPO ....

It''s a humble request to EAGLEYE and SEPTA ji to give advice of this irb fund ipo and how it works after allotment.

Vil list as normal ipo?
Minimum 10lac is true?
Money vil block for how many days?

And last but not least is it worth to apply or not?
All members Waiting for ur reply.

when is the listing..anyone have the ide

Is it true that, we wont get back the capital ,at the end of the project completion ?
Is it like FD, but wont get the principle but only the interest ?
Please clarify.

I think the message is wrong..it is getting traded in exchanges NSE & BSE..so you can sell and retrive your capital..kindly note this is not an FD more like CPSE ETF (example)...only thing worries is listing with gain or not ..and allotement is prorata so minimum appl 10,00000 mean will we get 2 lot 2*5000 units or minimum trade lot 5000/? need to see the subscription

Thanks

Can we sell Invit Fund on the listing date?

Yes

what is GMP of IRB Infra Invit Fund?

Septa/eagleye/other seniors

I am huge follower of this website, indeed it provide us valuable inputs to trade better
This invit is very new, still looking for more detail esp on risk cover if issues with toll collection problem like del-ggn we saw.

I have following questions.

1) is this issue applying same as normal ipo via ASBA or different
2) i saw bse is doing some demo bidding process.. so does it mean applying process different. Also I cant login on demo link dont know credentials
3) in case issue oversubscribe how allotment will be given to us.. will it be like lottery or propotional units
4) can i sell these these on listing day or lockin of units since its debt instrument

Should apply or not

I think its SME IPO. Is it mainstream IPO or by mistake its in this forum?

Does rules and regulations for applying this ipo is same?
Can we sell the allotted shares on listing day?

Yes,u can sell them ,they will be listed on NSE & BSE, but allotment will be on proportionate basis.

You can sell in lot of 5000 units only.

listing probably at 122 which means 20% listing gain according to moneycontrol. primary market minimum application 10 lacs. and secondary market minimum application will be 5 lacs.

IRB will use about Rs 3,350 crore for repaying the external debt of the underlying SPVs, and the balance of about Rs 1,700 crore would be utilised to pay back the sponsors.

The InvIT will offer 12 per cent yield to mutual funds and 10 per cent to HNIs post taxes.

The six assets have shown a CAGR of 11.4 per cent, he said.

Yah India hi yaha sub chalta hi, kahi retailers Rs 14000/ laga sakta kahi minimum Rs 1000000/ laga sakta SEBI , government no action no rules.

This is a high risk IPO in a trust. So large lot size is justified..

actually SEBI is doing good job by protecting small investor by increasing the minimum amt to 10 lakhs. This product is good replacement for FD it triple AAA rating instrument and all dividend for unit is tax free. also the return is 12% assumed(tax free) compared to 7% (taxed).

anyone with FD should switch to such funds for secure return

Haha, only about 3500 single lot applications! I doubt there would be any discussion on this mainstream IPO in this forum

Can u share the calculation how u figured 3500?

Shri Dilip Davda and other Experts may express their views about this Issue.