IRCTC IPO to hit the market on 30 September 2019 and closes on 03 September 2019. IRCTC is backed by government and doing online ticking business for Indian Railways. Its a well known brand and we can expect a good listing as the grey market premium of IRCTC is rocking. We can expect a good subscription around 10 times in retail. The ipo size is around 645 crore rupees with market lot of 40 shares and price band of 315-320 with 10 rupees discount for retail and employees. Check IRCTC ipo gmp by day to day.
Update: IRCTC IPO subscribed 325% on day 2. Good Subscription from Retails.
IRCTC IPO Subscription Numbers (Fully Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1.65 | 108.70 |
| HNI | 0.21 | 1.73 | 354.52 |
| RII | 2.23 | 6.21 | 14.83 |
| EMP | 1.15 | 2.64 | 5.81 |
| Total | 0.81 | 3.25 | 111.91 |
IRCTC IPO Dates & Price Band:
- 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-Oct-2019
- Refunds: 10-Oct-2019
- Credit to demat accounts: 11-Oct-2019
- Listing: 14-Oct-2019
