How can one bid for the IRFC’s IPO?
Answer
Answer
Answer
The bids for the issue can be made for a minimum of 575 equity shares and in multiples thereafter. Up to 50% of the net issue will be reserved for the Qualified Institutional Buyers (QIB) while the company has reserved not more than 35% of the issue for the retail investors. However, 15%of the issue will be reserved for Non-Institutional category.