IRFC IPO will start on 18 January 2021 and will close on 20 January 2021. IRFC IPO is coming up with ₹4633 crore IPO. The IPO will come with a fresh issue of 1,188,046,000 shares. The organization is the first NDFC to come with an IPO which is promoted by the President of India.
IRFC is Indian Railway Finance Corporation which is a public sector organisation that is completely owned by the Government of India and is promoted by the President of India, acting through the ministry of Indian Railways. IRFC is the borrowing arm of Indian Railways and is responsible for raising funds, managing assets, and expansion. Assets of Indian Railways such as trucks, electric multiple units, locomotives, wagons, coaches, etc. are procured by IRFC.
Check out the below table to get the information about the IRFC IPO Subscription data.
IRFC IPO Subscription Status Live
Last Data Updated on 20 January 2021, 05:00 PM (Refresh Page)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0 | – | 3.78 |
| NII | 0.09 | 0.24 | 2.67 |
| Retail | 1.25 | 2.33 | 3.66 |
| Employees | 13.53 | 27.41 | 43.76 |
| Total | 0.65 | 1.22 | 3.49 |
IRFC IPO Dates & Price Band :
| IPO Open: | 18 January 2021 |
| IPO Close: | 20 January 2021 |
| IPO Size: | Approx ₹4633 Crore |
| Price Band: | ₹25 to ₹26 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 1,87,68,750 Shares |
IRFC IPO Market Lot:
- Shares: Minimum 575 Shares & Maximum 7475 Shares
- Minimum Amount: ₹14,950
IRFC IPO Allotment & Listing:
- Basis of Allotment: 25 January 2021
- Refunds: 27 January 2021
- Credit to Demat accounts: 28 January 2021
- Listing: 29 January 2021
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