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Indian Railway Finance Corporation – IRFC IPO has received a good response from the investors as it is over subscribed. The IRFC shares allotment status is announced on Wednesday i.e. 27/01/2021. All the investors who have applied for IRFC shares can check the allotment status from the offcial issue manager KFin Technologies website. We also would like to inform that investors who were allotted shares will get a mobile message about the same.
Once the IRFC shares are allotted the amount blocked in your bank account will be debited. Refund will be initiated on Wednesday for those who did not get the shares allotment. The allotted shares will be credited to your demat accounts on Thursday. The planned listing of the IRFC shares in the stock market is on Friday i.e. 29/01/2021.
To check the IRFC IPO Allotment details, visit Kfin Technologies website. You would need to enter the application ID or PAN card number to find the status.
BSE website also gives you the IPO allotment status details. Investors can also use BSE offcial website.
Quick Overview of IRFC
Indian Railway Finance Corporation (IRFC) is a Governemnt owned Non Banking Finance Corporation (NBFC) is founded in 1986. Its operating revenue is Rs 13,823 crores in 2020.
This is a fresh issue consist 118.80 crores shares and 59.402 OFS are sold at price band of Rs 25 – Rs 26 per piece.
The IRFC listing date is January 29, 2021.