Indian Railway Finance Corporation Limited IPO Message Board (Page 55)

What are the chances of getting full allotment in HNI?

can anyone help me in ASAB which bid amount I have to choose weather cut off price or Rs.25

cut off price

Still BOB Netbanking problem ...
Its always not working when any ipo comes ...too bad

Will withdraw my application if QIB & NII do not participate in with good numbers.

Friends, I want your suggestion I have 1 lac and two different demat account with different pan and i want to apply in ipo so how can i distribute my money so get allotment and listing gain also

@Jhonny!
Rs. 45K only

@alltimehigh he is talking about applying in all 3 IPO''s 2 bids each, which makes it 30×3, roughly 90,000.

Indian Railway Finance Corporation IPO

3rd Day *10:30AM*

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

QIB*: 00.00X (*Excluding Anchor)
NII: 00.27X
RII: 02.45X
Empl.: 28.33X
Total: 01.29X

*RII Applications: 16.42L* Approx
No. of Applic-wise: 1.51X

@SAJAL SHETH

Wait they come

With all due respect , how come you dont comment on valuations at all , and your so called estimates of subscription miss the target by miles in some cases ???

Will IRFC be the first ipo of 2021 to list in discount?

Yes most probably subscription figures are indicating a discount listing .

Aniketji, Where r u ?
Please give your suggestion for IRFC..

I applied in IRFC ipo 6/6 in retail category. Expecting 3 lots of allotment

Could not take risk of applying in NII/HNI category because this category may be undersubscribed / weekly oversubscribed tomorrow.

@techuser
You can go with full force in retail application. IRFC is an elephant share which will move slowly. As Septa Ji also confirmed the listing gain will be small and keeping money idle is a waste.
Also the listing is before the budget, so it will be free from after budget uncertainty.

Thank a lot for your views, @NandKishor ji!

When will QIB subscribe to this issue around 1pm ?? Till now zero bids from them .What will be overall subscription expected in this Ipo?

When is subscription details of today''s date updated for Irfc IPO , till now around 10:11 am no details of today''s subscription of this ipo . Thanking you

Look at timings update 10.09, 10.19 10.29 ...... Like this . It take time , don''t expect minute to minute update ,even bse and nse also you can''t see .

Be patient
Why are you hurry man

This company has monopoly in financing railways assets. no competition no NPA since its only customer is Indian government, government is planning to privatise railway however like farmer bill which IMO is good for farmers will have lot of objection so i do not see railway privatisation is not possible in this decade. At the upper price band of Rs 26, the issue is priced at an 8.18x P/E ratio and 0.97x P/BV ratio. PTC
So the issue is like all government what PTC finance to PTC India so i see good listing gain however holding the stock for long nope.... wish the issued the IPO at par
i am going to apply just for listing gain even if gain is less then 10% it better then keeping the money idle

Thanks Septa ji for your input

Septa ji, your analytical view helps the forum members to take right decisions. We are indebted to you for your kind views. Except three or four, all other experts are back and in full swing which is the most welcoming feature. I bow down to you all for such kindness in sharing your critical studies.

Hi All,

kisi k pass GMP & Kostak price hai kya IRFC & Indigo to plz share karooo

& IRFC & Indigo IPO bharna hai ki nai jaldi bolo

Can i apply or avoid IRFC ipo?? Please suggest me.
Listening gain expected OR Not??

No body can guarantee listing gain but overall there is a consensus that there could be 5-10% listing gain. At the same time there is limited downside expected.

I have 170k and I want to apply 1 lot for indigo and remaining all in irfc. How much lot can I apply in irfc to increase allotment chances. I have only 1pan and demat

One is enough

I have total 12 different demat account of my family and my friends.should i apply all three ipo with full force or should i apply irfc for my family and indigo nd hffl for all 12 account.

Good strategy, apply full force with 12 application in Indigo and HFFL,

If you have funds apply in all 3 ipos with full force - 1 lot retail application for each account.

Irfc or indigo or hffl ipo ,I have only for 2 ipos please suggest

Irfc and Hffc. Allotment will be easier then indigo with some profits.

There is good subscription on First day. Listing may be 35-38

By reading your comment I feel putting another application for 151 lots.

Raghu ji,
The subscription in retail category is good when GMP showing listing around 27.5. forget 35, if it is even 30, then on listing day shares will change from weak hand to strong hand on very first day.

REC AVAILABLE AT 5.9 PE RATIO.
PFC AVAILABLE AT 5.75 PE RATIO.
IRFC AVAILABLE AT MORE THAN 8 PE RATIO.

Harish ji,
Don''t compare IRFC with PFC and REC. IRFC give credit on 0% risk, that means no chances of any NPA.
While PFC/REC loan have internet risk and the reason behind their NPAs.

IRFC is monopoly business with a growth of 10-15% every year.

These fundamentals and comparisons are not of much use in Stock Market. Otherwise too all those companies are just surviving by window dressing. Specially things are worse in power sector.

@Arunblr - There is no meaning to apply 70 lots in single application as you will be allotted single lot if you are lucky in draw. Instead apply multiple application of 1 lot with different demat accounts having different PAN.

@Arunblr - You can apply 70 lots in account other than you have already applied single lot. If tomorrow HNI subscriptions is less than 70x then you will get confirm allotment and more than 1 lot.

I feel if NII category get oversubscribed by at least 10+ times by 12 afternoon tomorrow, total may be 3 times of it. So if you put 70 lots you can get quite good allotment, But only risk is of getting 100% allotment.