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.|
|Price Band||₹25 to ₹26 Per Share|
|Listing on||BSE & NSE|
|Retail Investor’s Portion||35%|
IRFC IPO Market Lot:
|Application||Lot||Shares||Cut Off Amount|
|Minimum (RII)||1||575 Shares||₹14,950|
|Maximum (HNI)||13||7475 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:
|Year||Revenue (₹ in Cr.)||Expense (₹ in Cr.)||Net Income (₹ in Cr.)|
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.