https://www.desidime.com/discussions/irfc-ipo?page=1#post_7206052
bobby_123
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Will you Apply for The IPO ?
Total Number of Votes :
Poll has expired, here are the final results
IRFC IPO - Apply or Not ?
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https://www.sebi.gov.in/filings/public-is.../j…
About IRFC Limited
IRFC is the dedicated market borrowing arm of the Indian Railways. They are wholly-owned by the Government of India acting through the Ministry of Railways (MoR). They are registered with the Reserve Bank of India as a NBFC are classified under the category of an “Infrastructure Finance Company”.
IRFC IPO – Issue Details (Tentative)
IRFC IPO Date – Dec 28 to Dec 30, 2020
Face Value – Rs 10 per share
IPO Price band – Rs 25 to Rs 26 per share
Issue Size – Total of Rs 4,633 Crores (approx)
Fresh issue – Rs 3,089 Crores
OFS – Rs 1,544 Crores
IPO Lot Size 575 shares
Expired
Deal Wiki
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Created by : Rosh_0007
About IRFC Limited
Objects of issue – IRFC IPO
Here are the objects of the IPO issue.
1) Offer for sale (OFS) of 59.4 Crore shares: Money received under OFS would go to selling shareholders and company would not receive any proceeds.
2) Fresh issue of 178.2 Crore shares: Proceeds would be used for -
i) Augmenting equity capital base to meet its future capital requirements arising out of growth in its business.
ii) General corporate purpose
Who are the company promoters?
President of India acting through the Ministry of Railways (MoR) is the promoter of IRFC.
Company Financials
Here is the summary of the financial information of the company.
Its EPS for FY2020 is Rs 3.9 and last 3 years average EPS is Rs 3.62.
What are the key strengths of IRFC Limited?
Every investor should understand the company’s key strengths so that one can compare with its competitors to know how unique is such company in their business. Their investment decision would change based on these facts. Here are the key strengths of the company.
1) Strategic role in financing growth of Indian Railways
2) Competitive cost of borrowings based on strong credit ratings in India and diversified sources of funding
3) Consistent financial performance and cost plus model
4) Low risk business model
5) Strong asset-liability management
6) Experienced senior management and committed team
What are the various strategies of IRFC Ltd?
Company strategies would help investors to know what company is intending to do in the future and whether these strategies would help in revenue or margin growth. Such information would help investors to decide whether to invest for short term, medium term or for the long term. Here are the company strategies.
1) Diversification of borrowing portfolio
2) Broaden its financing portfolio
3) Continued focus on asset-liability management
4) Provide advisory and consultancy services and venture into syndication activities
Why to invest in this IPO?
Here are a few reasons to invest.
1) IRFC is the only public sector NBFC company that has come to public now.
2) It has generated strong revenue growth in the last 4 years (CAGR 20%).
3) Its margins have improved in the last 4 years (CAGR 58%). It was generating 11.5% margins in FY2017 Vs 26.5% in FY2021.
4) There are several high speed rail corridor projects that are estimated to come in the next couple of years. There is huge financing required for such projects. This would provide good opportunities for IRFC.
5
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7206056
….let the details come out…
…everything depends upon the pricing…I am willing to put my money on crap company provided it put some money on table for investors…
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7206063
….GMP suggests ordinary IPO….
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7206245
why such a strong no…. dont they have a big customer in indian railway??
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https://www.desidime.com/discussions/irfc-ipo?page=1#post_7206261
@bikidas2060 ko takkar 
Vu for your efforts 
)
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7206692
bro what happened to burger kinj ipo how to check allotment status
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7206707
Check tomorrow by eve
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7206797
Who is GMP by the way from a layman perspective
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7208854
Too early to track gmp….Wait for Xmas…
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7214928
Where I can get basic knowledge about IPOs ,reading and seeing news about IPOs everywhere but don’t know what it is, can someone share any article or video url to get info. TIA
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7229396
no use discussing unless finalised
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7266644
Don’t invest in jumla companies
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7295508
Jitna bid laga sake lagade.
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7308874
I am new to the stock market. I want to open a trade and demat account so that I can learn by investing in small amounts. Which broker should I choose?
I have one choice – Espresso discount broker by Sharekhan
Features:
1. Waiver of account opening charges of Rs 354.
2. There is no AMC charged on Demat account for the first year.
3. For Equity delivery, No brokerage on delivery trades.
4. For Equity Intraday, Brokerage will be 0.01% or Rs 20 for every executed order. Moreover, No brokerage on loss-making trades.
5. For Equity Futures, Brokerage will be 0.01% or Rs 20 for every executed order. Moreover, Zero brokerage on square-off orders in case of loss. 0.5% for Delivery.
6. For Equity Options, Brokerage will be Rs 20 for every executed order. Moreover, Zero brokerage on square-off orders in case of loss. 0.5% for Delivery.
7. DP Charges for Sell Delivery Rs 13.5 + GST per scrip.
What is your take on Espresso?
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7314401
go with Upstox or Zerodha, much better than this
you can get Basic account(BSDA) no AMC at all.
for refer link pm
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https://www.desidime.com/discussions/irfc-ipo?page=1#post_7314210
Market will reach 15k before budget, post budget 16 to 16.5k
Regarding this IPO there won’t be any listing gains or minimal gains and long term also PSU’s won’t create any wealth but you can keep this for 3-5yrs not more than that and more management is worst in PSU
I personally suggest better to invest in indigo paints for listing gains
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7314466
@MJ911 bhaiiii. The deal is active. The ipo will come on Jan18
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7324696
I havs BSDA with upstox opened online… DM if you want details…
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7324838
Applied in ipo after long time.
Limited returns expected with limited downside risk. So taking chances.
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7326551
Good to buy 1lot
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7326966
on a side note, is the Zerodha console down for everyone or it is just for me?
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7327174
Down from everyone. Check twitter. However i was able to apply after refereshing. Waiting for mandate.
https://www.desidime.com/discussions/irfc-ipo?page=1#post_7336108
I applied IRFC ipo through Sharekhan via @ ybl upi. Payment blocking request on Phonepe app/ SMS not yet received.
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