• IPO Dashboard

IRFC IPO Details

1. 1. When is IRFC IPO allotment expected?

   The IRFC IPO allotment status will be available on Jan 25, 2021, as per the timeline provided in the red-herring prospectus.

2. 2. How to check IRFC IPO Allotment Status?

   Below are the steps to check IRFC IPO allotment status online:

   • Visit the IRFC IPO allotment status page.
   • Click on the green IRFC IPO Allotment Status.
   • Enter either PAN number, Application Number or DP Client ID of the demat account to check the IRFC IPO allotment status.
   • Click Search.

   Note: The disabled button shows that the allotment is not yet available online.

   The allotment result looks like as below:

   • PAN No.: AHMLK1898J
   • Application No.: RL041213805307
   • Name: Mr. Rajveer Singh
   • Shares Applied: 40
   • Shares Allotted: 40

3. 3. What is the expected listing price of the IRFC IPO?

   The expected listing price of IRFC IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The IRFC IPO grey market premium gives some hint but the actual listing price is difficult to guess.

4. 4. Where to check IRFC IPO allotment status?

   IRFC IPO allotment status is expected on Jan 25, 2021. Click the green button IRFC IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

5. 5. On what basis IRFC IPO shares are allotted to retail investors?

   If IRFC IPO oversubscribed in the retail category, the IRFC IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

6. 6. When will IRFC IPO get listed?

   The IRFC IPO shares will get listed on Friday, January 29, 2021. The equity share of Indian Railway Finance Corporation Limited will list on BSE, NSE.

7. 7. Why I didn't get allotment in IRFC IPO?

   The reason you didn't get the IRFC IPO could be:

   • IPO become oversubscribed and allotment process is completed through a lottery
   • The IPO application got rejected due to mismatch/incomplete information
   • The issue price is higher than the bid price. (Always apply on cut-off price).

8. 8. When IRFC IPO is coming?

   The IRFC IPO will open for bidding on Jan 18, 2021. The IPO application closes on Jan 20, 2021.