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IRFC IPO Details

Issue Open Jan 18, 2021
Issue Close Jan 20, 2021
IPO Price ₹26
Face Value ₹10
IPO Size ₹4,633.38 Cr
Listing At BSE, NSE
IPO Lot Size 575
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IRFC IPO Subscription Status Live

IRFC IPO subscribed 3.49 times. The public issue subscribed 3.66 times in the retail category, 3.78 times in QIB, and 2.67 times in the NII category by Jan 20, 2021.

Application Wise IPO Subscription (Retail): 2551325 times

Investor CategorySubscription (times)
Qualified Institutions3.78
Non-Institutional Buyers2.67
Retail Investors3.66
Employees43.76
Others[.]
Total3.49

IRFC IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Jan 18, 2021
0.000.201.2225.770.66
Day 2
Jan 19, 2021
0.000.242.3327.411.22
Day 3
Jan 20, 2021
3.782.673.6643.763.49

IRFC IPO Shares Offered

IRFC IPO is a public issue of 1,247,505,993 equity shares. The issue offers 623,656,843 shares to retail investors, 356,375,339 shares to qualified institutional buyers, and 267,281,504 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB356,375,339926.5828.57%
NII267,281,504694.9321.43%
Retail623,656,8431,621.5149.99%
Employee192,3070.500.02%
Total1,247,505,9933,243.52100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

IRFC IPO Subscription FAQs

The IRFC IPO is subscribed 3.49 by Jan 20, 2021.

IRFC IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional3.78
Non Institutional2.67
Retail Individual3.66
Employee Reservations43.76
Others[.]
Total Subscription3.49

Retail category of IRFC IPO subscribed 3.66 times as of date Jan 20, 2021. The public issue closes on Jan 20, 2021 for bidding.

An investor can apply in IRFC IPO online via bank (using ASBA) or the broker (using UPI). The IRFC IPO shares are offered online only.

The IRFC IPO is subscribed 3.49 by Jan 20, 2021.

The IRFC IPO allotment status is expected on or around Jan 25, 2021. Visit IRFC IPO allotment status to check.

The IRFC IPO listing date is Friday, January 29, 2021. The equity share of Indian Railway Finance Corporation Limited will list on BSE, NSE.

Visit IRFC IPO subscription status page for real-time bidding information about IRFC IPO.

IRFC IPO Timetable

IPO Opens OnJan 18, 2021
IPO Closes OnJan 20, 2021
Finalisation of Basis of AllotmentJan 25, 2021
Initiation of RefundsJan 27, 2021
Credit of Shares to Demat AccountJan 28, 2021
IPO Listing DateJan 29, 2021

4 Comments

4. Kavish Sharma  
Made 4 Applications Not Recieved 3 applications allotment so purchased 1600 Shares it in Open Marker at 24.40 and sold them at 25.65.

Booked Profit 1870
Now having 1 Lot at 26


3. Bharathsindhe  
IRFC ipo not allotted but balance unhold still not added to main balance
2. Adv Sarin  
As I told those who were doubting that QIB or NII wont get subscribe every segment got sold and over subscribe and may be good allotment at least 1 out of two can expect allotment. Experts feel this budget will bring this company to limelight and Government may sell some more shares at higher price. So it wont be something surprising if after budget you find a big jump in this share. Because BJP Govt want to run so many new trains, dedicated freight corridor need double-decker trains. But FM doesn't have any money to give to Railways so who will arrange that-IRFC. Rest even if everything goes worse risk wont be more than 1-2 rupee. Enjoy allotment.
2.1. AMBER  
Well said, I had applied for 2 lots and luckily got 1.
Am awaiting my amount unhold when will they do.