Indian Railway Finance Corporation Limited IPO Message Board (Page 62)

In GAIL INDIA,

Expected ER ( as per present data ) will be around 20%

Hence one can assume AR around 50% +

As share of GAIL is rallied more than 60% during last three months , market is at all time high, a big event of Union Budget is also approaching and record date is also not far away so one should wait for minor correction or purchase at present rate as per his/her own risk appetite.

I will enter if available around 130 before record date.

Thanks.

Dear AniketIAF,
please share your view on irfc ipo.
I usually follows ur views and make my decision.
It would be great if you share your view for irfc ipo.
Thanks and regards,

Very kind of you, Aniket ji. You are guiding us to choose the right path. Wise ones follow and grab the fruits of benefits. Thank you very much once again for your kind response.

A retail-individual investor can apply for up to 13 lots (7475 shares or Rs 194,350). So my question is can we encash on the listing date or is there a locking period?

To get 13 lots in retail quota overall retail application oversubscription needs to be less than 1 time. If it happens then you can sell all 13 lot on listing date

There is no lock in for Retail. You can sell full allotment on listing.

In this IPO, What is the total number of shares to be alloted for Retail investors?

One lot is 575. Maximum a retail applicant can apply is 13 lots.
If the IPO is oversubscribed, then only 575 shares will be allotted to successful bidder.

THIS IS GOOD IPO FOR LONG TERM.....!

If listing gain is only 1%-10% , Can i sell my Whole allotment on listing day?

Yes

Yes, you can sell all your allotment on listing day. Lock in applies only to anchor investors in IPO

Gaming Company Nazara Technologies Limited file a second time fresh DRHP with SEBI after 2 years
OFS of 4,965,476 equity shares
face value : 4
Price may be between : 800-850

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Gmp of irfc is 1.65 to 1.70 rs
Apply for listing gain and also for long term..

irfc seller

Expert can u give some ideas about dividend profit making and how it works /it''s percentage of dividend /any history about dividend of IRFC IPO.and if we invested x amout for x years how much profit we get through dividend TY VERY VERY MUCH IN ADVANCE

Anchor data summary:
      
ANCHOR INVESTORS NAME       ALLOCATION       PERCENTAGE
1      HDFC MUTUAL FUND      Rs 358 Cr       25.76%
2      NIPPON INDIA MF      Rs 300 Cr       21.58%
3      GOVERNMENT OF SINGAPORE      Rs 235 Cr       16.93%
4      INVESCO INDIA MF      Rs 190 Cr       13.67%
5      MONETARY AUTHORITY OF SINGAPORE      Rs 58 Cr       4.15%
6      NPS- SBI PENSION FUND      Rs 54 Cr       3.88%
7      BNP PARIBAS MF      Rs 45 Cr       3.24%
8      KUWAIT INVESTMENT AUTHORITY FUND      Rs 40 Cr       2.88%
9      KOTAK MAHINDRA INTERNATIONAL LTD      Rs 30 Cr       2.16%
10      GOLDMAN SACHS SINGAPORE      Rs 30 Cr       2.16%
11      OTHERS 3 ANCHOR INVESTORS       Rs 50 Cr      3.6%

Superb List !!!

Thanks EE. Processing raw data takes some time

Regarding third party asba applications, if we apply from a bank where it''s allowed say SBI and if it''s being rejected at registrar end then atleast we will come to know during allotment, it should say application rejected instead of not allotted, so from next time we can take care, this time we can try for this IPO :)

All the IPOs from Indian Railways i.e.RITES, RVNL, IRCTC, IRCON have given decent return and also good dividend in the past. So it''s a must apply for me...

👍👍

Indian Railway Finance Corporation Limited (the "Company" / IRFC), the dedicated market borrowing arm of the Indian Railways, today in its anchor book has raised Rs 1398.63 crores from 31 anchor investors ahead of its public issue. These anchor investors have been allocated 534,563,007 Equity Shares at an upper price band of Rs 26 per Equity Shares (which includes a premium of Rs 16 per Equity Share).

The anchor investors include:

HDFC Trustee Company Ltd - HDFC Equity Fund - 19.32%,
HDFC Trustee Co. Ltd. A/C HDFC Housing Opportunities Fund - 1140D November 2017 (I) - 3.86%,
HDFC Trustee Co. Ltd. A/C HDFC Dividend Yield Fund - 2.58%,
Nippon Life India Trustee Ltd. - A/C Nippon India Tax Saver (ELSS) Fund - 8.99%,
Nippon Life India Trustee Ltd - A/C. Nippon India Small Cap Fund - 5.76%,
Nippon Life India Trustee Ltd - A/C Nippon India Value Fund - 2.52%,
Nippon Life India Banking Fund - 2.30%,
Nippon Life India Trustee Ltd - A/C Nippon India Vision Fund - 2.01%,
Government of Singapore - 16.93%,
ITPL - Invesco India Contra Fund Reg - RCF - 4.43%,
ITPL - Invesco India Growth Fund REGMFRGF - 3.80%,
ITPL - Invesco India Tax Plan Reg - RTP - 1.04%,
ITPL - Invesco India Dynamic Equity Fund - 1.01%,
ITPL - Invesco India Mid Cap Fund REG - RMC - 0.93%,
ITPL - Invesco India Mid N Small Cap Fund REGMF - RMCF - 0.82%,
ITPL - Invesco India PSU Equity Fund - 0.62%,
ITPL - Invesco India Banking Fund REGMF - RBF - 0.41%,
Invesco Trustee Private Ltd - A/C Invesco India Equity & Bond Fund - 0.28%,
ITPL - Invesco India Business Leaders Fund RTCPLRBLF - 0.21%,
ITPL - Invesco India Infrastructure Fund REGMFARIF - 0.10%,
ITPL - Invesco Trustee Pvt Ltd. - A/C Invesco India Equity Savings Fund - 0.02%,
Monetary Authority of Singapore - 4.15%,
NPS - Trust - A/C SBI Pension Fund Scheme E - TIER I - 3.74%,
NPS - Trust - A/C SBI Pension Fund Scheme E - TIER II - 0.14%,
BNP Paribas Arbitrage - ODI - 3.24%,
Kuwait Investment Authority Fund F238 - 2.88%,
Kotak Mahindra (International) Ltd - 2.16%,
Goldman Sachs (Singapore) PTE - ODI - 2.16%,
Tata AIG General Insurance Co. Ltd. - 2.16%,
Rising India Focus Fund Ltd - 0.72%,
Aditya Birla Sun Life Insurance Co Ltd. - 0.72%.

The "Issue" opens on Monday, January 18, 2021. The Bid / Issue Period will close on Wednesday, January 20, 2021. The price band of the Issue has been fixed at Rs 25 to Rs 26 per Equity Share.

Initial Public Offering of up to 1,782,069,000 Equity Shares of face value of Rs. 10 each. The initial public offering comprises of a fresh issue of up to 1,188,046,000 Equity Shares ("Fresh Issue") and an offer for sale of up to 594,023,000 Equity Shares by the President of India, acting through the Ministry of Railways ("Selling Shareholder") ("Offer For Sale"). The issue includes a reservation aggregating to Rs. 5.00 million for subscription by eligible employees (as defined herein) ("Employee Reservation Portion"). The issue less employee reservation portion is referred to as the Net Issue.

Bids can be made for a minimum of 575 Equity Shares and in multiples of 575 Equity Shares thereafter.

After seeing anchor placement data, only one thing I will suggest

APPLY WITH FULL FORCE.

One may skip INDIGO PAINTS if he has funding issue .

Remember listing gain will be between 8-15% . But in long term investors will gain much more. Don''t look at GMP. Good fundamental company ,cheap valuations(pb~1, pe~8), monopoly business , 5-10% dividend paying stock

Anchor placement data is reminding me of Gland Pharma anchor placement.

The only problem is that the greedy government will bring multiple OFS and existing shareholders will suffer

One thing I forget to mention

It''s the only NBFC company with ZERO NPA. All loans are sovereign guaranteed

Dear admin please clarify
third party ASBA or UPI rejected or accepted .

For this issue

@Team Chittorgarh.com
I think it is possible that some banks are still accepting third party investor ASBA applications by default. But due to recent changes in the rules, rejection taken place at the registrars end.
There is still lot of confusion regarding the rules. Will be grateful if you take up the matter with leading lead managers and registrars Karvy and LINK Intime

@ipo king india, i applied 5 applications of my families from my sbi bank account, and got one allotment in mrs bector food ipo as third party asba application.
But nowwards, for new ipos this third party application is acceptable that need to be confirmed.

Download forms fr here

https://www.lkpsec.com/AjaxPages/AjaxCreatepdf.aspx?srno=160398

SIngapore has 2 entries
Govt of Singapore and Monetary authority of Singapore

In many IPO, Singapore govt apply through two ways
1. Sovereign wealth fund of Govt of Singapore
2. Monetary authority

NSE ki website par abhi tak forms nahi aaye hain, any reason, any solution please....

Forms are downloadable on both exchange sites.Please recheck.

Forms are available on BSE site, go to IPO section and select IRFC

Should I go for Indigo paints IPO for listing gains due to shortage of funds for applying both IRFC and Indigo Paints and then use same fund for purchasing IRFC in secondary market

However what is the guarantee that you will get Indigo given low allotment chances. Indigo will get listed on budget day

if i buy from grey market will i be able to sell it at listing day

Latest updates on BOB NetBanking ASBA...📢

Try to add third party applicant...and see PAN field you can''t put or change to third party PAN number...so now only account holder can apply using his own account...
BOB now is queue of HDFC ...

I still can see already added third party beneficiary are there..I hope at least I can still apply with Bob third party application if applicant is already added...
Buy for new third party applicant addition now banks started restrictions...no wonder other banks who allowed third party applications will be followed same...

I think it is possible that some banks are still accepting third party investor ASBA applications by default. But due to recent changes in the rules, rejection taken place at the registrars end.

I always apply from SBI ASBA net banking for 8 accounts and it works. Last time I got Mrs. Bectors Food IPO in two accounts. The best part is, we do not need to transfer money in Demat Account Holder''s Bank Account. Try to use 4 or Max 5 application from one SBI net banking.

I hope it will help.