IRFC IPO Allotment: Here’s how to Check

Detailed Process with instructions to check your IPO allotment status
IRFC IPO Allotment

IRFC IPO Allotment and Listing

Indian Rail Finance Corporation IPO received below average response across all investor categories – QIB, NII and RII. Through this issue, IRFC raised a total of ₹4,633.38 Cr crores which consisted of a fresh issue of ₹3,088.92 crores and an offer for sale of ₹1,544.46 crores by the promoter and selling shareholders. The issue was subscribed 3.47 times overall. Due to oversubscription of shares, the final allocation of will based on a lottery system.

KFintech Limited, the registrar of the issue, is expected to finalize IRFC IPO allotment on 25/01/2021. To check your IRFC IPO allotment status please follow the instructions shared below.

Final Subscription Status

Investor CategoryQuotaSubscription
Institutional (QIB)50%3.781x
Non-Insti. (HNI)15%2.663x
Retail (RII)35%3.634x
Employee43.759x
Total Subscription100%3.473x

IRFC IPO Allotment and Listing Dates

Date TypeDate
Allotment Finalization25/01/2020
Initiation of Refunds27/01/2020
Credit of Shares28/01/2020
Listing Date29/01/2021

Instructions for checking IRFC IPO allotment Status

Option 1: Via Registrar Website
  1. Visit the Registrar website using this link – KFinTech
  2. Select ‘Recent IPOs’ radio button
  3. Select Indian Railway Finance Corporation / IRFC Limited from the dropdown
  4. Select the next radio button based on what information you would like to provide from – Application No / DP ID or Client ID / PAN Number
  5. Based on the radio button selected input Application details, DP/Client ID details or your PAN number
  6. Enter Captcha and hit ‘Submit’
  7. If you have received the allotment you will see the following details – Your name, Securities applied, Cutoff Price, Securities allotted and Amount adjusted
  8. If you have not received the allotment or if you are trying before the allotment gets finalized, you will see the “No records Found” window
Option 2: Via BSE Website
  1. Visit the BSE website using this link – BSE India
  2. Select the Equity radio button for issue type
  3. Select Indian Railway Finance Corporation / IRFC Limited from the Issue Name dropdown
  4. Enter your Application Number and Pan Number and hit Search
  5. If you have received the allotment you will see the following details – Your name, Securities applied, Cutoff Price, Securities allotted and Amount adjusted
  6. If you have not received the allotment or if you are trying before the allotment gets finalized, you will see the “No records Found” window
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Other Key IPO Details

Company Overview

Indian Rail Finance Corporation (IRFC), incorporated in 1966, is the dedicated market borrowing arm of the Indian Railways. It primarily deals with financing the assets of the Indian Railways and lending to other entities under the Ministry of Railways.

Company Financials

201720182019 (Mar)2019 (Sep)
Revenue from Ops8,013.79 Cr9,268.38 Cr11,133.59 Cr6,661.29 Cr
Profit after Tax
9,211.71 Cr
2,049.09 Cr2,254.66 Cr1,714.80 Cr
EPS (Basic)3.073.263.40

Issue Size and details

TypeValue
Issue Size₹4,633.38 Cr
Face Value₹10/- per Equity Share
IPO Price₹25- ₹26
Lot Size575

Day-Wise Subscription Status

DayDay 1Day 2Day 3
QIB0.000x0.002x3.781x
HNI0.092x0.243x2.663x
Retail1.250x2.330x3.473x
Employee13.524x27.404x43.759x
Total0.647x1.228x3.473x

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