with the present government keen on railway privatization, investors are fearing that IRFC shall be dumped with a huge NPA in coming years, and the supreme court shall also rule in the favor of private players only. Recent example SC judge Mishra gave the decision in favour of Adani benefitting the group to the tune of Rs. 5,000 crore.
1355.1. arunARUN| Link| Bookmark|
January 29, 2021 4:43:40 PM
IPO Guru (2000+ Posts, 1700+ Likes)
False statement regarding huge NPA. What is the basis? Govt also owns 86% of IRFC as of date
1354. P Patel| Link| Bookmark|
January 29, 2021 3:55:28 PM
IPO Mentor (900+ Posts, 900+ Likes)
Guys, don''t get disappointed with little down on listing. Every IPO doesn''t turned into JACKPOT. Fundamentally company is good. Give it some time and it will give very good return. There is pressure from investors having quick returns / short term vision, which made price little down. But in one keep vision of 6-12 months, he/she will not regret the decision.
After a good rollercoaster ride finally closed at 24.8 lets see what happens tomorrow. For now I''m holding it with an average of 25.6, after reading all kind of reviews I''m really confused now.
After Yes Bank I haven''t received any ipo allotment. These Kevin Malone are going to decrease lot size now more people will newly join the ipo bandwagon and allotment chance is much more difficult.
1350. CSK| Link| Bookmark|
January 29, 2021 2:00:16 PM
Top Contributor (300+ Posts, 500+ Likes)
True Sir, Few coming to the forum for only Arguments and mockery the experts. This is not fair. Chitagorh Admin should not allow post like that.
IMO IPO listing for IRFC is as expected. Applying or not applying is personal choice.
Now IRFC is same as any other stock being transacted on stock exchange. Please transact based on your beliefs and risk taking capacity.
If someone earned money based on their own predictions, will not be distributing to others and someone who lost money will not be taking money from others. What is the point of unnecessary arguements and fights?
If anyone is really expert or guru, he/she doesn''t need to say it on self public broadcast on a public forum. The very reason we are on this public forum is that we need each other one way or other to earn money. Not a single person on this or any other public forum is there to provide charitable services. So request everyone to behave in a mature, logical , calm and ethical way. It will help the person and also the forum.
Those who are saying employee subscription is good in IRFC , kindly check the details: There are only 24 employees (as on mar -2019) in IRFC and these should be high rank IRS / IAS etc. Company is running for finance to Railway and hence very less persons are required. These persons must be having good salary hence applied blindly.