Indian Railway Finance Corporation Limited IPO Message Board (Page 53)

Seems like this IPO is for employees only :D

Looks like lic came for bail out...ipo already sail through...
Appliied only 2 retail applications of 1 lot each for long term...not applying more apps...
Overall actually dull show...HNI participation is not encouraging to apply in confidence...

GMP IRFC @RAJKOT 0.90Rs

Retail Apply Single Lot
At 26Rs Nothing To loose
Therefore I am Applying in Irfc Assuming that it will give decent return in 15 days of Lisitng

Not a Long Term Story.

By the time the stock lists on Jan 29 if market falls then this small GMP will vanish.

True, budget can give impetus to the share price. Not expecting more than Rs 1 when the share gets listed... and price may drop to an extend. It''s when QIB will invest.

These 24 employees must be ultra rich.. each investing 62+ lakh on an average for this ipo

30 x subscription..really?

The moment you mention employees subscription , two three boarders are leaping at you with fake narrations , if you see my earlier comments , you will understand the design of retail TRAP.

@samuel, please also add "Reserved"

@Aryan sir I am the same cobra 🐍

All willing to cancel application in Icici just follow these steps - *Open app click on ipo then order book select transaction I''d and finally withdraw*
Hope this helps :-)

At admin team chittorgarh , pls highlight this message for some time as many people are asking the process to withdraw application in Icici.

CanCob from DD?

Dear admin
Please open separate page for stove craft ipo

Indian Railway Finance Corporation IPO

3rd Day *1:55PM*

The following data is assuming the shares will be issued at @26/- (upper price band)

QIB*: 01.93X (*Excluding Anchor)
NII: 00.84X
RII: 03.10X
Empl.: 32.75X
Total: 02.28X

*RII Applications: 21.26L* Approx
No. of Applic-wise: 1.96X

As IRFC is a huge IPO of 4633 Crore, will this list in profit or discount is big question now as GMP is just 1 rupee + !!
If listing gains are negligible and if there are chances of listing in discount, we can buy post listing or in market correction naah? why should we apply and take risk :-)
so, Im planning to wait till 1 pm & take a call based on QIB , NII subscription figures.

It is already 1 pm:)

You posted the message at 1.39 PM saying you will wait till 1 PM. Is that copy paste then?

Some railway employee also applied in employee quata hence subscription increases.

lagta hain aaj karan arjun nahi aanewale :)

how to cancell IRFC IPO IN ICICI?
CAN ANYBODY HELP.
k paapaarao

Do not worry, very handsome figure for hni and QIB will come

Not possibilities of date extension or price reduction types like 23/24 as lic there to pouring anything

Stove Kraft IPO – Schedule *(Tentative)*

20th Jan – Announcement of Price Band
22nd Jan – Anchor Investors Allotment
25th Jan – Offer Opens
28th Jan – Offer Closes
02nd Feb – Finalisation of Basis of Allotment
03rd Feb – Unblocking of ASBA Accounts
04th Feb – Credit of Equity Shares to Depository Accounts
05th Feb – Commencement of Trading


Stove Kraft IPO – Issue Information *(Tentative)*

Issue Opens on: 25 January 2021
Issue Closes on: 28 January 2021
Issue Type: Book Built Issue IPO
Issue Size: 1,04,33,908 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.430 – Rs.435 Share *(Tentative)*
Discount: NIL
Market Lot: 34 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,00,80,631 Shares
Fresh Issue of 21,83,908 Shares @435/- = Rs.95.00Crs
Offer for Sale of 82,50,000 Shares @435/- = Rs.358.88Crs
Equity Shares outstanding after the Issue = 3,22,64,539 Shares

Category-wise Break up:
Anchor – 31,30,172 Shares = 136.16Crs
QIB – 20,86,782 Shares = 90.78Crs
NII – 15,65,086 Shares = 68.08Crs
RII – 36,51,868 Shares = 158.86Crs (Lot size: 34 = 1,07,408 Forms)
Total Issue – 1,04,33,908 Shares = 453.88Crs.

Subscription required for 1X
RII = 1,07,408 Forms
NII = 68.08Crs

Market is close to all time high and it is not prudent to put money in stocks which are have reached riskier levels.

This stock may not give much listing gains but there is no chance of higher downside as valuations are reasonable. Will give reasonable return in mid to long term.

I will be investing in this IPO.

am sure the list price would be at discount.

maximum listing price would be 27/28

can anyone please help me with how to cancel IPO application through ICICI DIRECT.

IRFC:
in short...attractive valuation..... first time anchor portion & fresh issue with ofs of psu.... good track record of railway IPOs in past.... govt. full focus on rail infra.... no npa.... good dividend yield.... mkt at ATH...
so i m applying single lot per applications for short to medium term.... some listing gain may also be there...

Do u think if is issue is so attractive then why QIB and HNI are applying, there are many risks that are highlighted in RHP which retailers are not aware.

I think big Investors are planning to buy on listing day.