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Enter the amount you would like to invest in Repco Home Finance IPO and find how many shares you should apply. In an IPO, shares are applied in lots. This calculator helps you to find an exact number of shares to apply for the given amount.
Repco Home Finance IPO funding cost is derived based on the NII (HNI) over subscription and interest rate considering the 7-day loan period. The table provides an estimated interest cost per share for rate of interest (ROI) ranging from 7 to 10% over a range of 10 different over subscription intervals.
IPO Price | ₹172 |
NII IPO Quota | ₹40 Cr |
NII Over subscription (Estimated in times) | |
NII IPO Collection (Incremental in ₹ Cr) | |
Number of Days | |
Interest Rate (%) | |
NII IPO Collection (₹ Cr) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
NII Over subscription (times) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Interest Rate ↓ | ↓ HNI Funding Cost (Rs per share) ↓ | ||||||||||||||
0% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
7% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
7.5% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
8% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
8.5% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
9% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
9.5% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
10% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
IPO Funding Cost = IPO Price * NII Over Subscription * (Interest Rate/100) * (7/365 days)
where,
Note: The over subscription intervals are derived based on the set incremental HNI IPO collection value. This value is currently set to 100 which can be changed as desired based on the IPO issue size and price.
You can apply for Repco Home Finance IPO online through the Netbanking ASBA facility provided by your bank or through offline mode by filling and submitting the physical IPO application form.
Steps to apply online in Repco Home Finance IPO as HNI
Steps to apply offline in Repco Home Finance IPO as HNI
Points to Note
You can invest in Repco Home Finance IPO as HNI through ASBA Netbanking or offline mode.
You need to enter all the required details viz. the bid quantity, amount, depository details, bank account no., applicant name, PAN No. to apply for IPO online or offline. You need to ensure to select the investor category as HNI.
It is important to note that as an HNI, you cannot bid in IPO at the cut-off price.
You cannot apply in Repco Home Finance IPO through the Zerodha IPO application(Console) in the HNI category as Zerodha offers a UPI-based IPO application that has a limit of a maximum of ₹2 lakh per transaction.
You can apply using the ASBA facility offered by the banks to invest in the HNI category.
ICICI Direct offers a UPI-based IPO application with an upper limit of ₹2 lakh per transaction. Thus, an HNI cannot apply for Repco Home Finance IPO through ICICI Direct.
To apply as an HNI in Repco Home Finance IPO, you can apply online through Netbanking using the ASBA facility offered by banks or submit a physical IPO ASBA application form.
The three main factors that decide the feasibility to invest in Repco Home Finance IPO using the IPO funding route.
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