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January 18, 2021 - January 20, 2021

IRFC IPO Subscription Details

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 January 20, 2021 (Day 3).

Application Wise IPO Subscription (Retail): 2551325 times

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions3.78356,375,3391,34,69,25,4253,502.01
Non-Institutional Buyers2.67267,281,50471,27,21,1251,853.07
Retail Investors3.66623,656,8432,28,55,97,4005,942.55
Employees43.76192,30784,15,70021.88
Others[.]000
Total 3.491,247,505,9934,35,36,59,65011,319.52

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


IRFC IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
January 18, 2021
0.000.201.2225.770.66
Day 2
January 19, 2021
0.000.242.3327.411.22
Day 3
January 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)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • 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.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

IRFC IPO Subscription FAQs

The IRFC IPO is subscribed 3.49 by January 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 January 20, 2021. The public issue closes on January 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 January 20, 2021.

The IRFC IPO allotment status is expected on or around January 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 OnJanuary 18, 2021
IPO Closes OnJanuary 20, 2021
Finalisation of Basis of AllotmentJanuary 25, 2021
Initiation of RefundsJanuary 27, 2021
Credit of Shares to Demat AccountJanuary 28, 2021
IPO Listing DateJanuary 29, 2021

4 Comments

4. Kavish Sharma     Link|January 29, 2021 12:33:07 PM
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     Link|January 29, 2021 10:24:36 AM
IRFC ipo not allotted but balance unhold still not added to main balance
2. Adv Sarin     Link|January 20, 2021 4:09:53 PM
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     Link|January 28, 2021 5:10:34 PM
Well said, I had applied for 2 lots and luckily got 1.
1. ASHOK KUMAR BHATIA     Link|January 28, 2021 1:07:05 PM
Am awaiting my amount unhold when will they do.