IRFC IPO closes today: Subscription Status till now
IRFC IPO subscribed 3.49 times. The public issue subscribed 3.66 times in the retail category, 3.78 times in QIB, and 2.67 times in the NII category by Jan 20, 2021 7 pm. IRFC IPO is a fresh Issue of 1,188,046,000 Equity Shares and Offer for sale of up to 594,023,000 Equity Shares. (The offer will constitute upto 13.64% of the post offer paid up Equity capital). Net Issue size of the IRFC IPO is Rs 4455 Cr – Rs 4633 Cr. No. of shares to be offered are 1,782,069,000 Equity shares. IRFC face value of the share is Rs 10. IRFC Employee Reservation of Equity Shares is aggregating upto Rs 5 mn.
IRFC IPO subscribed 1.65 times. The public issue subscribed 2.90 times in the retail category, 0.26 times in QIB, and 0.58 times in the NII category by Jan 20, 2021 till 1.30 pm: Reuters