IRFC IPO to be listed today, earn huge amount from this share

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IRFC ipo listing date today: The initial public offer (IPO) of IPO (IRFC IPO) of Indian Railway Finance Corporation, the PSU company of Indian Railways (Indian Railway), is to be listed on Friday, 29.01.2021. The listing of this stock can be between 26 to 27 rupees per share.

IRFC ipo listing date today:

The listing of the initial public offer (IPO) of the IPO (IRFC IPO) of the Indian Railway Finance Corporation, the PSU company of the Indian Railways (Indian Railway), is to be done on Friday, 29.01.2021. The listing of this stock can be between 26 to 27 rupees per share. According to Anil Singhvi, managing editor of Zee Business, you may get less of a listing gain on the listing of the IPO of IRFC, but in the long run, these shares can earn you well.




Company valuation is good Company valuation is good

IRFC’s parentage is very strong. This company finances the Indian Railways. Triple A rated company. The valuation of the company is very good. The company will continue to earn money from interest for the next several years. 8 to 9 PE is multiple. This IPO has a great anchor book. Which gives confidence to put money in it. This stock can give you an annual return of 12 to 15 percent. You can invest in this stock as an alternative to FD.

Post Office: It is important to keep ‘so much’ money in the account now; Otherwise great loss

Many big institutions put money many big institutions put money

The IPO has made big money for those who invested in the stock market in 2020. In the first month of 2021, the railway’s PSU Indian Railway Finance Corporation (IRFC) has brought a good chance of earning. The company plans to raise Rs 4,600 crore through this IPO. The company opened it to Anchor Investors on January 15 before bringing an IPO. Anchor investors who bought shares of IRFC include global investors such as Goldman Sachs, BNP Paribas, Kuwait Investment Authority and the Monetary Authority of Singapore. In such a situation, according to market experts, you can earn good money by investing in this IPO.

Government’s stake will be less Government’s stake will be less

The issue price of IRFC was 25 to 26 rupees per share. After the post issue, the government’s share in it will come down to 86.4 percent. IRFC has raised Rs 1,390 crore from anchor investors. It was established in the year 1986. IRFC works to raise funds for Indian Railways from the domestic and overseas markets.

The post IRFC IPO to be listed today, earn huge amount from this share appeared first on informalnewz.



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