IRB InvIT Fund IPO

Add to Calendar 2017-05-03 12:00 AM 2017-05-05 12:00 AM Asia/Kolkata IRB InvIT Fund IPO IRB InvIT Fund India

IRB InvIT Fund is an irrevocable trust set up under the Indian Trusts Act, 1882, and registered with the SEBI as an infrastructure investment trust.

Date of establishment: IRB InvIT Fund was established in 1997.  

Product & Service Offering: IRB InvIT Fund intends to own, operate and maintain a portfolio of six toll-road assets.

Promoters of IRB InvIT Fund: The promoter of the firm is IRB Infrastructure Developers Limited.

Customer segment: The company offers its distribution services to the unitholders.

Objects of the Issue:

The objects of the issue are:
-      Investment in project SPVs
-      General purposes
-      Issue related expenses

 

Company Financials:

 

 

Particulars

For the year/period ended (in Rs. Million)

 

31-Dec-16

31-Mar-16

31-Mar-15

Total Assets

610.27

638.99

624.61

Total Revenue

33.88

85.03

82.23

Profit After Tax (PAT)

(22.97)

12.62

14.27

Issue Detail

  • Issue Open: May 03, 2017
  • Issue Close: May 05, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 102 Per Equity Share
  • Price Band: Rs 100 - Rs 102 Per Equity Share
  • Bid Lot:10000 Shares
  • Minimum Order Quantity:10000 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 5,921.10 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total

Listing Day Trading Information

- BSE NSE
Issue Price Rs 102.00 Rs 102.00
Open Rs 103.25 Rs 102.00
Low Rs 99.65 Rs 99.75
High Rs 105.00 Rs 105.00
Last Trade Rs 101.79 Rs 101.80
Volume 102 78,105,000

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Frequently Asked Questions

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Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

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