POSTS How to "Impatient to Know Your IRFC IPO Allotment Status? Check it Out on Page 4 - Latest Updates!"

"Impatient to Know Your IRFC IPO Allotment Status? Check it Out on Page 4 - Latest Updates!"

2023-05-21 01:06:21 - Grace Browns Grace Browns has been a lifestyle, fashion, and beauty writer for over 5 years, and she currently serves as a senior editor at 422346.com.

Mark your calendars as the IRFC IPO bidding period runs from January 18, 2021, to January 20, 2021, with the final basis of allotment becoming available on January 25, 2021. Refunds will be initiated by January 27, 2021, while the credit of equity shares will be processed by January 28, 2021, with the listing date scheduled for January 29, 2021.

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For checking the Indian Railway Finance Corporation Limited IPO allotment status, simply click on the button below or visit the IPO registrar's website if experiencing any challenges. The registrar is responsible for the stock allocation or refund related inquiries. Also, make sure to look into the "basis of allotment" document to fully grasp the allocation of share for IRFC IPO.

The IRFC IPO allotment status is set to be available on January 25, 2021, according to the timeline stated in the red-herring prospectus. To verify your status online, follow these easy steps: visit the IRFC IPO allotment status page, click on the green 'IRFC IPO Allotment Status' button, enter either the PAN number, Application number, or DP Client ID of the demat account to retrieve the status, then click search. Note that the disabled button signifies that allotment is not yet available online.

The expected listing price of IRFC IPO may vary based on factors such as demand, nature of business, and state of the economy, among other things. The IRFC IPO grey market premium could offer some clues, but it is difficult to predict the actual listing price. Expect the IRFC IPO allotment status by January 25, 2021. Click the green 'IRFC IPO Allotment Status' button to retrieve the status as the button remains disabled until the allotment becomes available online.

If the IRFC IPO is oversubscribed in the retail category, the shares will be proportionately distributed to Retail Individual Investors (RII). However, each retail investor will receive at least one lot of shares, subject to availability. Consequently, if shares are insufficient, a lottery will be drawn to select the investors.

The IRFC IPO shares will eventually get listed on Friday, January 29, 2021, on BSE and NSE.

If you didn't manage to secure the IRFC IPO, there are a few reasons why this may be the case:

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    Firstly, it's possible that the IPO became oversubscribed, requiring the allotment process to be completed through a lottery. Alternatively, your IPO application may have been rejected due to a mismatch or incomplete information. Finally, it's possible that the issue price was higher than your bid price, so it's always best to apply at the cut-off price.

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