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IRFC IPO share allotment to be finalised today: How to check status IRFC IPO share allotment to be finalised today: How to check status The IRFC IPO, which was the first of the calendar year, had received a good response after it opened for subscription earlier this month. Here is how investors can check the share allotment status: advertisement UPDATED: January 25, 2021 11:15 IST When the IPO was launched, many brokerage houses recommended investors to subscribe to the public issue in view of the company’s valuation and healthy return ratios. (Photo: Representational image) The share allotment process in Indian Railway Finance Corporation’s (IRFC) initial public offering (IPO) will be finalised on Monday, indicated the website of the registrar KFin Technologies Private Limited. KFin is in charge of managing the share allocation and refund process for the public issue. ....
URL copied Image Source : INDIA TV IRFC IPO opens today. Check price band, closing date - Should you invest? The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) worth about Rs 4,600 crore will hit the market today on January 18. The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) worth about Rs 4,600 crore will hit the market today on January 18. The Union Cabinet had in April 2017 approved the listing of five railway companies. Four of them  IRCON International Ltd, RITES Ltd, Rail Vikas Nigam Ltd, and Indian Railway Catering and Tourism Corp have already been listed. ....
NEW DELHI: The Rs 4,633 crore IPO by Indian Railway Finance Corporation (IRFC), hitting on Monday, has many brokerages recommending subscribe on it with long-term gains. Analysts said the IPO looks attractively priced and can be a good bet for conservative long-term investors, as expansion drivers for return on equity (RoE) or margins are missing, even as the company is seen reporting consistent growth numbers. Choice Broking said that valuation at price to book value (P/BV) of 1 time looks attractive for long-term conservative investors, considering the company’s strong profitability growth of 26.3 per cent during FY18-FY20, double-digit return on equity (RoE) of 12.2 per cent in FY21 and low risk profile of the business with zero gross non-performing assets (NPAs). ....
IRFC IPO opens for subscription on January 18: All you need to know IRFC IPO opens for subscription on January 18: All you need to know The Indian Railway Finance Corporation IPO will be the first one of the calendar year 2021 and the subscription period will start from January 18. advertisement UPDATED: January 13, 2021 14:05 IST The Indian Railway Finance Corporation’s (IRFC) initial public offering (IPO) is all set to open for subscription on January 18. The Rs 4,600 crore IPO will be the first by a public sector non-banking financial company (NBFC). The IRFC IPO will be the first one of the calendar year 2021 and the subscription period will close on January 20. ....
IRFC, India’s first IPO of 2021, kicks off on January 18 price band set at ₹25-26 IRFC, India’s first IPO of 2021, kicks off on January 18 price band set at ₹25-26 Navdeep YadavJan 13, 2021, 14:47 IST BCCL IRFC IPO will open on January 18 and remain open till January 20. This makes it the first IPO to hit the capital markets in 2021. The company has set the price band of the issue in the range of ₹25-26 per share. An investor can apply for a minimum bid of 575 equity shares and in multiples thereafter. Check out the latest news and updates on Business Insider.The ₹4,634 crore initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) initial public offering (IPO) will hit the capital markets next week. The IPO will open on January 18 and remain open till January 20, making it the first IPO of 2021. It is also the first by a non-banking financial company in the public sector. ....