IRFC IPO Subscription Details

Bookbuilding IPO | ₹4,633 Cr | Listed at BSE, NSE | Mon, Jan 18, 2021 - Wed, Jan 20, 2021

Basis of Allotment - IRFC IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)35,63,75,33953,45,63,00789,09,38,34626,72,81,50462,36,56,8431,92,3071,78,20,69,000
Allotment price (Rs.)26262626262626
No.of applications5731885,36819,58,4001819,63,874
No.of shares applied1,37,38,29,67553,45,63,1251,90,83,92,80062,60,68,6251,79,87,96,6501,81,7004,33,34,39,775
Amount collected (Rs.cr.)3,571.96 1,389.86 4,961.82 1,627.78 4,676.87 0.47 11,266.94
No.of times subscribed3.861.002.142.342.880.942.43
No.of shares allotted35,63,80,64353,45,63,00789,09,43,65026,72,83,09562,36,60,5551,81,7001,78,20,69,000
Amount (Rs.cr.)926.59 1,389.86 2,316.45 694.94 1,621.52 0.47 4,633.38
No.of allottees5731885,36810,84,6271810,90,101

IPO Shares Offered

IRFC IPO is a public issue of 178.21 Cr equity shares. The issue offers 62.37 Cr shares to retail investors, 89.09 Cr shares to qualified institutional buyers, and 26.73 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 89,09,38,3462,316.44 49.99%
    Anchor 53,45,63,007 1,389.86 30.00%
    QIB (Ex Anchor) 35,63,75,339 926.58 20.00%
NII 26,72,81,504694.93 15.00%
Retail62,36,56,8431,621.51 35.00%
Employee1,92,3070.50 0.01%
Total1,78,20,69,0004,633.38 100%

IRFC IPO Anchor Investor Allocation

A total of 53,45,63,007 shares at a price of Rs 26 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJan 15, 2021
Anchor investor price₹26.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days26,72,81,504
No. of shares locked-in for 90 days26,72,81,504
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC FLEXI CAP FUND HDFC MUTUAL FUND 10,32,76,325 268.52 19.32 5.80
2 HDFC HOUSING OPPORTUNITIES FUND HDFC MUTUAL FUND 2,06,42,500 53.67 3.86 1.16
3 HDFC DIVIDEND YIELD FUND HDFC MUTUAL FUND 1,37,71,250 35.81 2.58 0.77
4 NIPPON INDIA ELSS TAX SAVER FUND NIPPON INDIA MUTUAL FUND 4,80,75,175 125.00 8.99 2.70
5 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 3,07,67,675 80.00 5.76 1.73
6 NIPPON INDIA VALUE FUND NIPPON INDIA MUTUAL FUND 1,34,60,750 35.00 2.52 0.76
7 NIPPON INDIA BANKING & FINANCIAL SERVICES FUND NIPPON INDIA MUTUAL FUND 1,23,07,300 32.00 2.30 0.69
8 NIPPON INDIA VISION LARGE & MID CAP FUND NIPPON INDIA MUTUAL FUND 1,07,68,600 28.00 2.01 0.60
9 GOVERNMENT OF SINGAPORE GOVERNMENT OF SINGAPORE 9,05,23,400 235.36 16.93 5.08
10 INVESCO INDIA CONTRA FUND INVESCO MUTUAL FUND 2,36,56,075 61.51 4.43 1.33
11 INVESCO INDIA LARGE & MID CAP FUND INVESCO MUTUAL FUND 2,03,26,250 52.85 3.80 1.14
12 INVESCO INDIA ELSS TAX SAVER FUND INVESCO MUTUAL FUND 55,77,500 14.50 1.04 0.31
13 INVESCO INDIA BALANCED ADVANTAGE FUND INVESCO MUTUAL FUND 53,76,250 13.98 1.01 0.30
14 INVESCO INDIA MIDCAP FUND INVESCO MUTUAL FUND 49,73,175 12.93 0.93 0.28
15 INVESCO INDIA MULTICAP FUND INVESCO MUTUAL FUND 43,70,000 11.36 0.82 0.25
16 INVESCO INDIA PSU EQUITY FUND INVESCO MUTUAL FUND 32,91,875 8.56 0.62 0.18
17 INVESCO INDIA FINANCIAL SERVICES FUND INVESCO MUTUAL FUND 22,13,750 5.76 0.41 0.12
18 INVESCO INDIA AGGRESSIVE HYBRID FUND INVESCO MUTUAL FUND 14,95,000 3.89 0.28 0.08
19 INVESCO INDIA LARGECAP FUND INVESCO MUTUAL FUND 11,35,625 2.95 0.21 0.06
20 INVESCO INDIA INFRASTRUCTURE FUND INVESCO MUTUAL FUND 5,54,875 1.44 0.10 0.03
21 INVESCO INDIA EQUITY SAVINGS FUND INVESCO MUTUAL FUND 94,875 0.25 0.02 0.01
22 MONETARY AUTHORITY OF SINGAPORE MONETARY AUTHORITY OF SINGAPORE 2,21,63,950 57.63 4.15 1.24
23 SBI NPS TRUST-SBI PENSION FUND SCHEME-E TIER I SBI NPS TRUST 2,00,00,225 52.00 3.74 1.12
24 SBI NPS TRUST-SBI PENSION FUND SCHEME-E TIER II SBI NPS TRUST 7,64,632 1.99 0.14 0.04
25 BNP PARIBAS ARBITRAGE-ODI BNP PARIBAS 1,72,97,725 44.97 3.24 0.97
26 KUWAIT INVESTMENT AUTHORITY FUND F238 KUWAIT INVESTMENT AUTHORITY 1,53,79,525 39.99 2.88 0.86
27 KOTAK MAHINDRA (INTERNATIONAL) LTD. KOTAK MAHINDRA 1,15,33,350 29.99 2.16 0.65
28 GOLDMAN SACHS (SINGAPORE) PTE.-ODI GOLDMAN SACHS 1,15,33,350 29.99 2.16 0.65
29 TATA AIG GENERAL INSURANCE CO.LTD. TATA AIG GENERAL INSURANCE 1,15,33,350 29.99 2.16 0.65
30 RISING INDIA FOCUS FUND LTD. RISING INDIA FOCUS FUND LTD. 38,52,500 10.02 0.72 0.22
31 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 38,46,175 10.00 0.72 0.22
53,45,63,0071,389.8610030.00

IPO Subscription FAQs

The IRFC IPO is subscribed 3.4899 times by Jan 20, 2021 07:49.

IRFC IPO Subscription

Investor Category Subscription (times)
Qualified Institutional3.7795
Non Institutional2.6666
Retail Individual3.6648
Employee Reservations43.7618
Total Subscription3.4899

Retail category of IRFC IPO subscribed 3.6648 times as of date Jan 20, 2021 07:49. The public issue closes on Wed, Jan 20, 2021 for bidding.

An investor can apply in IRFC IPO online via bank (using ASBA) or the broker (using UPI). The IRFC IPO shares are offered online only.

The IRFC IPO is subscribed 3.4899 times by Jan 20, 2021 07:49.

The IRFC IPO allotment status is expected on or around Monday, January 25, 2021. Visit IRFC IPO allotment status to check.

The IRFC IPO listing date is January 29, 2021. The equity share of IRFC IPO will list on BSE, NSE.

Visit IRFC IPO subscription status page for real-time bidding information about IRFC IPO.

IRFC IPO Timetable

IPO opens OnMonday, January 18, 2021
IPO Closes OnWednesday, January 20, 2021
Finalisation of Basis of AllotmentMonday, January 25, 2021
Initiation of RefundsWednesday, January 27, 2021
Credit of Shares to Demat AccountThursday, January 28, 2021
IPO Listing DateFriday, January 29, 2021
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