IRFC IPO Reviews, Dates, Price Band, Market Lot & Financial Details.

IRFC IPO date is ready to hit markets on 18 January 2021 and it closes on 20 January 2021.

IRFC IPO Dates & Price Band:

Open Date 18th January 2021
Close Date 20th January 2021
Total Size of IPO₹4633 Cr.
Face Value ₹10 
Price Band ₹25 to ₹26 Per Share 
Listing onBSE & NSE
Retail Investor’s Portion35%

IRFC IPO Market Lot:

ApplicationLotSharesCut Off Amount
Minimum (RII)1575 Shares₹14,950
Maximum (HNI)137475 Shares₹194350

IRFC IPO Allotment & Listing Dates:

Allotment Date for IRFC – 25 January 2021
Refund Date for IRFC – 27 January 2021
Credit of Shares to Demat Account – 28 January 2021
Listing Date for IRFC – 29 January 2021

Financials of IRFC IPO:

YearRevenue (₹ in Cr.)Expense (₹ in Cr.)Net Income (₹ in Cr.)
2018926866762050
20191113482322255
202013839101453692

Team’s Perspective:

By looking at the financials of the company valuations are looking attractive. We can’t comment about listing gains but in long term, we can expect good growth.
NOTE – Consult your financial advisor before applying for any IPO.

Important Points to be noted by Investor:

Objectives of Issue:

  • To use this capital to meet business goals and future objectives.
  • To fulfill general corporate needs.

Applying IRFC IPO through the form: 

Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. Download the form through this link and fill the form carefully. You have to submit your filled form to the bank or broker.

IRFC IPO FAQs

When will IRFC IPO open for Investors?

IRFC IPO will open on the 18th January and will close on the 20th January.

What is IRFC IPO Retail Portion?

The portion allocated for retail investors in IRFC IPO is 35%.

What is IRFC IPO Lot Size?

Lot Size for IRFC IPO is ₹4633 Crore.

What is the cutoff price for IRFC IPO?

The cutoff price for IRFC IPO is 26.

What is the IRFC IPO Price band?

IRFC IPO Price band is  ₹25 to ₹26.

How to apply for IRFC IPO?

You can apply IRFC IPO in 3 ways:
1. Open a Demat account through a bank or brokerage firm and apply through it.
2. Apply via the ASBA application online through your bank.
3. Fill up the offline IPO form and submit it to the bank or broker.

What is the allotment date for IRFC IPO?

 25 January 2021 is the allotment date for IRFC IPO.

What is the listing date for IRFC IPO?

29 January 2021 is the listing date for IRFC IPO. It will be listed on NSE and BSE.

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