Is there any possibility of getting IPO status ,alloted or not,by tonight ...?....in past has karvy fintech released result at night on basis of allotment day?
Out of 4 current ipo''s : Rail finance ranked 2nd after Indigo in terms of valuation. QIB & HNI has slightly missed to invest, I think they will rectify this mistake on listing day which makes it reach to 29 levels but it failed to cross 30 mark due retailers selling pressure.
I have filled wrong Demat ac number while filling IRFC ipo form. Will my form be rejected ? Or if allotted will I get a chance to correct demat details ?
IRFC will list with a decent premium. Though I would recommend to HOLD this stock for LONG TERM instead of going for a profit booking on listing day. If you haven’t received handsome allotment and still your investment appetite allows, buy this stock in secondary market.
Below are the 3 main reasons which make this stock as a good investment opportunity. 1. Good EPS (Almost 15%, it beats FD) 2. No-Risk Business Model (No NPA as backing of MoR) 3. Business Growth (Indian Railway’s Future Expansion Plans)
499. Adv Sarin| Link| Bookmark|
January 25, 2021 9:33:43 AM
Top Contributor (200+ Posts, 100+ Likes)
Applicants in IRFC may get lucky as I felt a few days back. Today Railways want two-digit growth in Railway Funding. This means if approved big chances for IRFC to arrange large funding means more profits. Number two Tax-free bonds where IRFC is one of the major players are coming back. So don''t get disheartened by seeing 0.5 GMP in medium-term it will prove a good investment.