IRFC IPO to hit the market on 18 January 2021. The company is doing financial planning for Indian Railways. According to last few days GMP data it looks that the price is settle around ₹1-2. As per the past experience we have witnessed that the Railway Company IPO listing at flat but give handsome returns in coming months like RITES and IRCTC. We will have another good company in hand so if you want to invest then go for long term only. Let’s see how it subscription will come up. Check IRFC IPO GMP day by day.
IRFC IPO Subscription Status
IRFC IPO Date & Price Band:
Latest Update: IRFC IPO subscribed 3.49x times, QIB 3.78x, HNI 2.67x and RII 3.66x times overall.
IRFC IPO Subscription Status
(Fully Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.00x | 3.78x |
| HNI | 0.09x | 0.24x | 2.67x |
| RII | 1.25x | 2.33x | 3.66x |
| EMP | 13.53x | 27.41x | 43.76x |
| Total | 0.65x | 1.22x | 3.49x |
IRFC IPO Date & Price Band:
| IPO Open: | 18 January 2021 |
| IPO Close: | 20 January 2021 |
| IPO Size: | Approx ₹4633 Crore (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹25 to ₹26 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 178,20,69,000 Shares |
IRFC IPO Market Lot:
| Minimum Lot Size: | Minimum 575 Shares |
| Minimum Amount: | ₹14,950 |
| Maximum Lot Size: | Maximum 7475 Shares |
| Maximum Amount: | ₹194350 |
IRFC IPO Allotment & Listing:
| Basis of Allotment: | 25 January 2021 |
| Refunds: | 27 January 2021 |
| Credit to Demat Account: | 28 January 2021 |
| Listing Date: | 29 January 2021 |
IRFC IPO Subscription FAQs:
When IRFC IPO Subscription will start?
The IPO subscription starts on 18 January 2021 for QIB, NII, and Retail Investors.
How much IRFC IPO subscribed?
The IPO subscribed 3.49x times overall.
What is IRFC IPO retail subscription status?
The retail subscription is 3.66x overall.
How to subscribe IRFC IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live IRFC IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
