with the present government keen on railway privatization, investors are fearing that IRFC shall be dumped with a huge NPA in coming years, and the supreme court shall also rule in the favor of private players only. Recent example SC judge Mishra gave the decision in favour of Adani benefitting the group to the tune of Rs. 5,000 crore.
1355.1. arunARUN| Link| Bookmark|
January 29, 2021 3:43:40 PM
IPO Guru (1900+ Posts, 1600+ Likes)
False statement regarding huge NPA. What is the basis? Govt also owns 86% of IRFC as of date
1354. P Patel| Link| Bookmark|
January 29, 2021 2:55:28 PM
IPO Mentor (900+ Posts, 900+ Likes)
Guys, don''t get disappointed with little down on listing. Every IPO doesn''t turned into JACKPOT. Fundamentally company is good. Give it some time and it will give very good return. There is pressure from investors having quick returns / short term vision, which made price little down. But in one keep vision of 6-12 months, he/she will not regret the decision.
After a good rollercoaster ride finally closed at 24.8 lets see what happens tomorrow. For now I''m holding it with an average of 25.6, after reading all kind of reviews I''m really confused now.
After Yes Bank I haven''t received any ipo allotment. These Kevin Malone are going to decrease lot size now more people will newly join the ipo bandwagon and allotment chance is much more difficult.
1350. CSK| Link| Bookmark|
January 29, 2021 1:00:16 PM
Top Contributor (300+ Posts, 400+ Likes)
True Sir, Few coming to the forum for only Arguments and mockery the experts. This is not fair. Chitagorh Admin should not allow post like that.
IMO IPO listing for IRFC is as expected. Applying or not applying is personal choice.
Now IRFC is same as any other stock being transacted on stock exchange. Please transact based on your beliefs and risk taking capacity.
If someone earned money based on their own predictions, will not be distributing to others and someone who lost money will not be taking money from others. What is the point of unnecessary arguements and fights?
If anyone is really expert or guru, he/she doesn''t need to say it on self public broadcast on a public forum. The very reason we are on this public forum is that we need each other one way or other to earn money. Not a single person on this or any other public forum is there to provide charitable services. So request everyone to behave in a mature, logical , calm and ethical way. It will help the person and also the forum.
Those who are saying employee subscription is good in IRFC , kindly check the details: There are only 24 employees (as on mar -2019) in IRFC and these should be high rank IRS / IAS etc. Company is running for finance to Railway and hence very less persons are required. These persons must be having good salary hence applied blindly.
1338.1. Owls eye| Link| Bookmark|
January 29, 2021 10:26:52 AM
(500+ Posts, 1900+ Likes)
Hi Aditya, My Friend listen me and Implement you will never regret. Don''t expect much from IPOs I think manipulation is at peak in Profitable IPOs. I have experience of 12 years into this market. There are some accounts I have never got allotment since more than a decade when the Registrar is Link in time and this time also I didn''t get allotment in Indigo as same Registrar. My Friend got 9/10, 8/8, 2/3 and 1/1 in IRFC when it was also oversubscribed by more than 3 times but they didn''t get a single allotment in Indigo i. e. 0/10, 0/8 , 0/5 and 0/3 in Indigo as this is Profitable while IRFC was expected to list in Discount. You can imagine not even a single lot was alloted in Indigo with such good numbers of apps but in IRFC they got all allotment even it was also oversubscribed more than 3 times. This is not first time but happening since years. Here Innocent retailers are crying and this is the Reality. Therefore I am saying don''t expect more from Profitable IPOs. There is no Retailer who can go to SEBI and knock thier door for Investigation but I am SURE ONCE RETAILERS WILL AWAKE AND BE OUT FROM THE MARKET IT WILL BE VERY DIFFICULT FOR REGULATOR TO TAKE THEM BACK AND IMPOSSIBLE FOR ANY IPO TO GO THROUGH. HERE ONLY RETAILERS ARE CRYING. You can make handsome amount of profit from secondary market.
This is my opinion and may be wrong Good Luck 👍
1338.2. P Patel| Link| Bookmark|
January 29, 2021 10:40:39 AM
IPO Mentor (900+ Posts, 900+ Likes)
Owls eye, I got 1/3 in Burger King 1/3 in Mrs Bectors 0/3 in IRFC
I agree. But one thing is sure GMP plays a very vital role in how ipo will behave on listing day . I will wait till Feb 1 st week to see if it''s on positive side post budget announcement . Agar uske baad bhi. Aisa chala toh I will sell it and wait it power grid ipo comes up or lic ipo comes up