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Indian Railway Finance Corporation Limited IPO Subscription Status

📅Offer Date: 10 Mar 201614 Mar 2016

Minimum investment
5,75,000575 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total3.49x
QIB3.78x
NII2.66x
Retail3.66x

Indian Railway Finance Corporation Limited IPO was subscribed 3.49x in total when bidding closed on 14 Mar 2016, with 3.78x in the QIB category, 2.66x in NII, 3.66x in retail. The issue ran from 10 Mar 2016 to 14 Mar 2016 at a price band of ₹1000.00 per share.

QIB3.78xNII2.66xRetail3.66xTotal3.49x

Times subscribed by category against the 1× line.

4
≈ 1 in 4 retail allotment
low allotment chance

Based on retail subscription (3.66x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs35,63,75,3391,34,70,98,7813.78x
NIIs26,72,81,50471,09,68,8012.66x
Retail62,36,56,8432,28,25,84,0453.66x
Employee1,92,30784,15,35443.76x
Total1,24,75,05,9934,35,37,95,9163.49x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs35637.53134709.883.78x
NIIs26728.1571096.882.66x
Retail62365.68228258.403.66x
Employee19.23841.5443.76x
Total124750.60434906.703.49x

Values derived from share count × issue price (₹1000.00)

What this means for allotment & listing

Because Indian Railway Finance Corporation Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Indian Railway Finance Corporation Limited IPO subscription FAQs