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Indian Railway Finance Corporation Limited IPO Message Board (Page 69)

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78. Padali Srinivasan |   Link |  Bookmark | January 2, 2021 6:11:18 PM
If anyone including Eagleeye knows about HDB FINANCIAL SERVICES IPO, pl share here.

Regards
78.1. Paymzia |   Link |  Bookmark | January 2, 2021 6:31:45 PM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
It will take time , not now .
77. Paymzia |   Link |  Bookmark | January 2, 2021 1:06:24 PM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
If every want take name same as eagle eye.
But not equal to eagle eye.

Prove your own identity .
Not to copy the name.
76. Kalpana |   Link |  Bookmark | January 2, 2021 12:40:09 PM
Admin, please delete fake ID of eagl eye.
Gadhe Sher ki khal pahne se Sher Nahi ban jate.
75. Vithal |   Link |  Bookmark | January 2, 2021 10:44:24 AM
I have 3 demat accounts (all separate PAN numbers) in zerodha of my family members. While applying for IPO can i give same UPI ID (bank account in SBI) for all these demat accounts to block the amount? Will the application be accepted or rejected.
75.1. Paymzia |   Link |  Bookmark | January 2, 2021 11:41:05 AM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
Why Not applying through Net banking . Sbi allow upto 5 applications . Third party including own application .
Net banking is best for ipo.
74. Eagleye |   Link |  Bookmark | January 1, 2021 9:06:15 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
.
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Indian Railway Finance Corporation IPO ? Schedule *(Tentative)*

08th Jan ? Announcement of Price Band
12th Jan ? Anchor Investors Allotment
13th Jan ? Offer Opens
15th Jan ? Offer Closes
20th Jan ? Finalisation of Basis of Allotment
21st Jan ? Unblocking of ASBA Accounts
22nd Jan ? Credit of Equity Shares to Depository Accounts
25th Jan ? Commencement of Trading


Indian Railway Finance Corporation IPO ? Issue Information *(Tentative)*

Issue Opens on: 13 January 2021
Issue Closes on: 15 January 2021
Issue Type: Book Built Issue IPO
Issue Size: 1,78,20,69,000 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.25 ? Rs.26 Share *(Tentative)*
Discount: NIL
Market Lot: 575 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 11,88,04,60,000 Shares
Fresh Issue of 1,18,80,46,000 Shares @26/- = Rs.3,088.92Crs
Offer for Sale of 59,40,23,000 Shares @26/- = Rs.1,544.46Crs
Equity Shares outstanding after the Issue = 13,06,85,06,000 Shares

Category-wise Break up:
Anchor ? 53,45,63,010 Shares = 1,389.86Crs
QIB ? 35,63,75,340 Shares = 926.58Crs
NII ? 26,72,81,505 Shares = 694.93Crs
RII ? 62,36,56,845 Shares = 1621.51Crs (Lot size: 575 = 10,84,621 Forms)
Empl. Quota ? 1,92,300 Shares = 00.50Crs
Total Issue ? 1,78,20,69,000 Shares = 4,633.38Crs.

Subscription required for 1X
RII = 10,84,621 Forms
NII = 694.93Crs


Indian Railway Finance Corporation IPO ? Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus dated January 16, 2020 (360 pages)
2) Addendum = Addendum dated October 23, 2020 (156 pages)

EPS for FY16-17 >>> Rs.01.41 (Page #82 of DRHP)
EPS for FY17-18 >>> Rs.03.14 (Page #14 of Addendum)
EPS for FY18-19 >>> Rs.03.43 (Page #14 of Addendum)
EPS for FY19-20 >>> Rs.03.93 (Page #14 of Addendum)

RoNW for FY16-17 >>> 07.67% (Page #83 of DRHP)
RoNW for FY17-18 >>> 12.60% (Page #15 of Addendum)
RoNW for FY18-19 >>> 09.93% (Page #15 of Addendum)
RoNW for FY19-20 >>> 13.93% (Page #15 of Addendum)

NAV as on September 30, 2020 was Rs.27.1092
NAV as on March 31, 2020 was Rs.26.06 (Page #15 of Addendum)
NAV as on September 30, 2019 was Rs.21.37 (Page #83 of RHP)

Listed Industry Peer Group (Page #15 of Addendum): NONE


Indian Railway Finance Corporation IPO ? *Market?s Current Estimates of oversubscription*:

NII = 50.00K Crs. = ~71.95X
RII = 27.00L Forms = 2.49X Applic. wise (Avg allotment of ~231.40 shares per lot)

Interest cost *@6.00%p.a.* for 7days = 2.99paise for 1X

Thus, for NII the costing = 71.95 X 2.99paise = Rs.2.15 per share (= GMP)

And, for RII the costing = 231.40 X 2.15 = Rs.498/- (= Kostak)


Indian Railway Finance Corporation IPO ? *GMP Estimated*
GMP 2.15 +/- 0.05
Kostak 500 +/- 10
74.1. A.DOSHI |   Link |  Bookmark | January 2, 2021 9:27:42 AM
thank you soo much mam for this valuable information.
73. Eagleye |   Link |  Bookmark | January 1, 2021 9:05:44 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
THE MOST RELIABLE
List of Mainboard IPOs IN THE PIPELINE
(Status as on 25th December 2020)


A) DRHP Filed ? SEBI Approval *Awaited*:

1) MTAR Technologies >>> DRHP date 21-Dec-20
2) Craftsman Automation >>> DRHP date 16-Dec-20
3) Laxmi Organic Industries >>> DRHP date 15-Dec-20
4) Nureca >>> DRHP date 11-Nov-20
5) Indigo Paints >>> DRHP date 11-Nov-20


B) SEBI Approval *Received (within the past 6 months)*:

1) Suryoday Small Finance Bank >>> DRHP date 01-Oct-20
2) Sigachi Industries >>> SEBI Approval 04-Dec-20
3) Heranba Industries >>> SEBI Approval 27-Nov-20
4) RailTel Corporation of India >>> SEBI Approval 06-Nov-20
5) Kalyan Jewellers India >>> SEBI Approval 15-Oct-20
6) Jaikumar Constructions >>> SEBI Approval 10-Sep-20
7) Barbeque Nation Hospitality >>> SEBI Approval 07-July-20


C) SEBI Approval *Received (>6 months ago)*:

8) Stove Kraft >>> SEBI Approval 30-Apr-20
9) National Commodity & Derivatives Exchange >>> SEBI Approval 09-Apr-20
10) Esaf Small Finance Bank >>> SEBI Approval 20-Mar-20
11) Apeejay Surrendra Park Hotels >>> SEBI Approval 09-Mar-20


D) SEBI Approval *Received (>10 months ago)*:

12) Indian Railway Finance Corporation >>> SEBI Approval 25-Feb-20
13) Home First Finance Company India >>> SEBI Approval 25-Feb-20
14) Mukesh Trends Lifestyle >>> SEBI Approval 14-Feb-20
15) Easy Trip Planners >>> SEBI Approval 31-Jan-20
16) Puranik Builders >>> SEBI Approval 31-Jan-20
17) Montecarlo >>> SEBI Approval 28-Jan-20
18) Shri Bajrang Power and Ispat >>> SEBI Approval 17-Jan-20
19) Samhi Hotels >>> SEBI Approval 29-Nov-19
72. A.DOSHI |   Link |  Bookmark | January 1, 2021 10:41:52 AM
hello sir Eagleeye please drop your review that when irfc ipo will come(tentativ) any idea sir?
72.1. All Time High |   Link |  Bookmark | January 1, 2021 1:58:15 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Eagleye is a madam! ;)
72.2. A.DOSHI |   Link |  Bookmark | January 1, 2021 7:50:32 PM
i am sorry mam.. for calling you sir and still i amw waiting for your important response.
71. Eagleye |   Link |  Bookmark | December 29, 2020 4:31:50 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO

GMP 2.20 +/- 0.10
Kostak 510 +/- 10
Subject to 1,100
71.3. Devenkme |   Link |  Bookmark | December 31, 2020 6:00:44 PM
@Owls eye
Bro he asked the genuine question. Why are you behaving with such arrogance? You could have avoided the reply to him.
I am watching your weird reply sometimes since your predictions about CAMS literally failed. Let it burn with 2020. Don''t need to make It wallpaper.
Happy New Year.
71.4. iamnimitshah |   Link |  Bookmark | January 1, 2021 8:00:58 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
? Rs
70. ipobull |   Link |  Bookmark | December 31, 2020 10:43:40 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Eagleye mam, Can you please share the details of IRFC''s results after Sep-2019 ?
69. Arjun Rajkot |   Link |  Bookmark | December 31, 2020 8:11:30 PM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
Grey Premium 225?

Admin Please Check
I am Putting Rs. Mark but it gets concerted to ?

Please change the setting
69.1. Team Chittorgarh.com |   Link |  Bookmark | December 31, 2020 9:54:17 PM
IPO Guru IPO Guru (1000+ Posts, 1500+ Likes)
Dear Sir,
We are aware of the problem and working to resolve it. We recently migrated our website on a new backend which is causing few issues.

Thank you for your kind feedback.

Thank you,
Admin @ Chittorgarh.com

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68. Arjun Rajkot |   Link |  Bookmark | December 31, 2020 8:14:47 PM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
2.25?.....Bhav
68.1. IPOKing India |   Link |  Bookmark | December 31, 2020 8:25:51 PM
?2.25
67. Ajay g |   Link |  Bookmark | December 31, 2020 3:52:21 PM
any buyback in any stocks going on? returns???? any deals?
67.1. Dheeraj Luthra |   Link |  Bookmark | December 31, 2020 8:07:38 PM
NIIT BUYBACK
CMP : Rs.201
RECORD PRICE : Rs.240
66. Malan |   Link |  Bookmark | December 31, 2020 10:14:51 AM
New date ipo
65. Eagleye |   Link |  Bookmark | December 29, 2020 4:32:12 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO ? Schedule *(Tentative)*

08th Jan ? Announcement of Price Band
12th Jan ? Anchor Investors Allotment
13th Jan ? Offer Opens
15th Jan ? Offer Closes
20th Jan ? Finalisation of Basis of Allotment
21st Jan ? Unblocking of ASBA Accounts
22nd Jan ? Credit of Equity Shares to Depository Accounts
25th Jan ? Commencement of Trading
65.3. ganesh jaiswal |   Link |  Bookmark | December 29, 2020 7:11:07 PM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
RE madam,
Looks like no takers of this IPO, so the postponement.
65.4. Traderforever |   Link |  Bookmark | December 30, 2020 9:40:58 PM
Where do you get the tentative dates from Mam?
64. NforNandkishor |   Link |  Bookmark | December 29, 2020 10:17:35 PM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
4 Railway''s Ipo till date.

Company -> Listing_date ->Issue_Price-> Listing Price -> Market Price as on (24.12.2020)
IRCTC -> 14.10.19 -> 320 -> 626(96% gain) -> 1408 (340% gain)
RITES -> 02.07.18 -> 185 -> 190 (2.7% GAIN) ---- > 266.50 (44% gain)
RVNL -> 11.04.19 ---> 19 ----> 19 (0% gain) ----> 22.85 (20% gain)
IRCON ---> 28.09.18 ----> 95 ----> 82.06 (-13.62% loss) ---> 87.05 (-8.37% loss)

Now, suggest whether IRFC will be like IRCTC or IRCON?
64.2. NforNandkishor |   Link |  Bookmark | December 30, 2020 11:03:47 AM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
That''s mean maximum listing gain 10%?
64.3. NAND KISHORE PARWAL |   Link |  Bookmark | December 30, 2020 1:26:46 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
IRFC is like RVNL. Like PFC, which is for power sector and IRFC for Railway sector
63. Eagleye |   Link |  Bookmark | December 29, 2020 10:31:59 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO

NAV as on September 30, 2020
= Rs.27.11
63.1. HML |   Link |  Bookmark | December 29, 2020 10:38:41 PM
Delay again... Desperate
13-15 Jan means on 14th Jan Market and banks both are open.
62. Eagleye |   Link |  Bookmark | December 28, 2020 7:03:54 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO ? Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus Dated January 16, 2020 (360 pages)

EPS for FY16-17 >>> Rs.01.41 (Page #82 of DRHP)
EPS for FY17-18 >>> Rs.03.14 (Page #82 of DRHP)
EPS for FY18-19 >>> Rs.03.43 (Page #82 of DRHP)
EPS for H119-20 >>> Rs.01.83 (Page #82 of DRHP)

RoNW for FY16-17 >>> 07.67% (Page #83 of DRHP)
RoNW for FY17-18 >>> 15.71% (Page #83 of DRHP)
RoNW for FY18-19 >>> 13.87% (Page #83 of DRHP)
RoNW for H119-20 >>> 08.88% (Page #83 of DRHP)

NAV as on September 30, 2019 was Rs.21.37 (Page #83 of RHP)

Listed Industry Peer Group (Page #83 of DRHP): NONE
62.3. Eagleye |   Link |  Bookmark | December 29, 2020 8:24:39 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO ? Issue Information *(Tentative)*

Issue Opens on: 06 January 2021
Issue Closes on: 08 January 2021
Issue Type: Book Built Issue IPO
Issue Size: 1,78,20,69,000 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.25 ? Rs.26 Share *(Tentative)*
Discount: NIL
Market Lot: 575 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 11,88,04,60,000 Shares
Fresh Issue of 1,18,80,46,000 Shares @26/- = Rs.3,088.92Crs
Offer for Sale of 59,40,23,000 Shares @26/- = Rs.1,544.46Crs
Equity Shares outstanding after the Issue = 13,06,85,06,000 Shares

Category-wise Break up:
Anchor ? 53,45,63,010 Shares = 1,389.86Crs
QIB ? 35,63,75,340 Shares = 926.58Crs
NII ? 26,72,81,505 Shares = 694.93Crs
RII ? 62,36,56,845 Shares = 1621.51Crs (Lot size: 575 = 10,84,621 Forms)
Empl. Quota ? 1,92,300 Shares = 00.50Crs
Total Issue ? 1,78,20,69,000 Shares = 4,633.38Crs.

Subscription required for 1X
RII = 10,84,621 Forms
NII = 694.93Crs
62.4. arunARUN |   Link |  Bookmark | December 29, 2020 10:11:35 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
Half yearly data as posted on IRFC website

http://irfc.nic.in/uploads/IRFCUFR30092020Website.pdf

61. ganesh jaiswal |   Link |  Bookmark | December 29, 2020 7:09:59 PM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
IRFC IPO still in limbo, but Railways companies Offer For Sale is on. After IRCTC, two railways companies OFS are lined up. IRCON and RVNL. IRCON OFS within next week.
60. JIPSU SHAH |   Link |  Bookmark | December 29, 2020 4:35:46 PM
please share current premium states ?
59. GopiKrishna |   Link |  Bookmark | December 28, 2020 8:31:35 PM
How much its subscribed in Day 1?
59.2. All Time High |   Link |  Bookmark | December 29, 2020 8:41:26 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Day 1 Subscription figure will be out on 6th Jan!!!
59.3. PatelTrades |   Link |  Bookmark | December 29, 2020 2:10:26 PM
Bhai ya Bahen jo bhi hai,, tu rehne de....!!!