IRCTC IPO – IPO Date, Review, Price Band, Allotment Date & Market Lot Details

IPO Initial Public Offerings

Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) to raise around 645 crore via IPO and files DRHP. IRCTC is handling catering, tourism and online ticketing operations of Indian Railways. The average booking done online everyday is around 600000. As per the financial reports IRCTC is doing well. We can expect IRCTC ipo to go well and get the good subscription numbers. As the price band of IRCTC ipo is bit on a high but still its depend on the demand and the ipo gmp looks good to go for it. Market is also in supportive mode and we can expect a good listing of IRCTC ipo in next coming days.

IRCTC IPO Review:

  • Must Apply

IRCTC IPO Dates & Price Band: (Tentative)

  • IPO Open: 30-September-2019
  • IPO Close: 03-October-2019
  • IPO Size: Approx ₹645 Crore (Approx)
  • Face Value: ₹10 Per Equity Share
  • Price Band: ₹315 to ₹320 Per Share
  • Listing on: BSE & NSE
  • Equity: 2,01,60,000 Shares
  • Discount: 10 for Retail & Employees
  • Allocation: QIB: 50%, HNI: 15%, Retail: 35%

IRCTC IPO Market Lot:

  • Shares: Apply for 40 Shares (Minimum Lot Size)
  • Amount: ₹12,400 for Retail & Employee
  • Amount: ₹12,800 for QIB & HNI

    IRCTC IPO Allotment & Listing:

    • Basis of Allotment: 09-October-2019
    • Refunds: 10-October-2019
    • Credit to demat accounts: 11-October-2019
    • Listing: 14-October-2019

      Read Also
      IPO Grey Market Premium
      IPO Subscription Numbers
      IPO Listing Date

      IRCTC Financial:

        ₹ in Crore
      RevenueExpensePAT
      2015
      2016
      201716031248231
      201815701224225
      201919571527273

      Company Promoters:

      • THE PRESIDENT OF INDIA ACTING THROUGH THE MINISTRY OF RAILWAYS, GOVERNMENT OF INDIA

      Quick Links:
      DRHP Draft Prospectus
      RHP Draft Prospectus

      IRCTC IPO Registrar:
      Alankit Assignments Limited
      205–208, Anarkali Complex
      Jhandewalan Extension
      New Delhi 110 055
      Delhi, India
      Tel:011 42541954/933/ 022 4348 1293
      E-mail: [email protected]/ [email protected]
      Investor grievance E-mail: [email protected]
      Website: www.alankit.com
      Contact  Person: Kamal   Arora/   Abhijit Deb/ Virender Sharma
      Note: Check IRCTC ipo allotment status on Alankit website allotment url. Click Here

      IRCTC IPO Lead Managers:

      • IDBI Capital Markets & Securities Limited
      • SBI Capital Markets Limited
      • YES Securities (India) Limited

      Company Address:
      Indian Railway Catering and Tourism Corporation Ltd.
      11th Floor, B-148, Statesman House, Barakhamba Road, New Delhi – 110001
      Delhi, India
      Contact Person: Suman Kalra, Company Secretary and Compliance Officer;
      Telephone: +91 11 2331 1263 /64
      E-mail: [email protected]
      Website: www.irctc.com

      Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)

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        11 Responses

        1. Listing Gain may be possible but can't say about business, as it has huge risk factors with lots of govt interventions.They may show negative numbers easily in upcoming future if they loss catering license from Govt if some competitors will be introduced in future.So, take it with caution.

        OPEN DEMAT ACCOUNT