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

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
	Revenue	Expense	PAT
2015	–	–	–
2016	–	–	–
2017	1603	1248	231
2018	1570	1224	225
2019	1957	1527	273

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)

Vijay Prajapati

An experienced stock market professional with expertise in IPO research, market insights, and equity strategies. With a strong background in research and capital markets, he delivers comprehensive coverage on upcoming IPOs, subscription patterns, grey market premium (GMP), and post-listing performance, along with detailed reviews, recommendations, and technical analysis.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.