IRCTC IPO

Indian Railway Catering & Tourism Corporation ltd
Rs 315 to Rs 320
From to

About Company Indian Railway Catering & Tourism Corporation ltd permalink

Indian Railway Catering & Tourism Corporation ltd was established in 1999 . Currently, it is having head office in New Delhi. IRCTC works in the sector of Public Sector . IRCTC has experience of 20 Years .

The fact the business and revenues are substantially dependent on Indian Railways. Also, withdrawal of exclusivity of the company for catering, online railway ticket and packaged drinking water at railway stations and trains in India It has an experience of more than 20 years. It is dividend paying company.

Revenue of Rs 1,956.66 crore in FY 2018-19. Financial year 2019 and profit increased by 23.5% to ₹272 crore. The President of India is the promoter of this company.

  • Email : companysecretary@irctc.com
  • Website : http://www.irctc.com
  • Phone : 91-011-23311263-64

IRCTC IPO Details permalink

IRCTC IPO issue open date is 30th September 2019 and close date is 3rd October 2019 . The face value for Indian Railway Catering & Tourism Corporation ltd IPO is Rs 10 per equity share. The total IPO size is approx Rs 645 crore.

The price band for IRCTC is Rs 315 to Rs 320. The lot size for IRCTC IPO is a minimum of 40 shares to maximum 600 shares. This IPO will be listed on BSE and NSE. IRCTC IPO total equity is 20160000 shares.

IRCTC IPO Date and Price Band permalink

IRCTC IPO Date and Price Band
IPO Open:30th September 2019
IPO Close:3rd October 2019
Price Band:Rs 315 to Rs 320
Face Value:Rs 10 per equity share
IPO Size:Rs 645 crore
Listing on:BSE and NSE
Retail Portion:34.72%
Equity (Issue Size):20160000 Shares

IRCTC IPO Market Lot and Investment Amount permalink

To invest in Indian Railway Catering & Tourism Corporation ltd's initial public offering starting from 30th September 2019 you need to invest minimum Rs 12600, however you can also invest up to Rs 192000, considering the upper price of IPO Rs 320 and maximum allottable shares (600 shares). To apply for the maximum number of share you need to bid for 15 lots, one lot is having 40 shares.

IRCTC IPO Market Lot and Investment Amount
Minimum Lot Size:40 shares (1 Lot)
Maximum Lot Size:600 shares (15 lots)
Minimum Investment:Rs 12600
Maximum Investment:Rs 189000

IRCTC IPO Subscription Status permalink

IRCTC IPO was oversubscribed 111.95 times. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 10000000 shares and received bids for 1087887320 shares which is 108.7887 times of total meant for QIB category.

Indian Railway Catering & Tourism Corporation ltd's IPO was subscribed 81% on the first day. Mutual funds bid for 162710838 shares in Indian Railway Catering & Tourism Corporation ltd's initial public offering.

Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 3000000 and bid for 1063568360 shares received . Bid from NII for Indian Railway Catering & Tourism Corporation ltd's IPO is 354.5228 times of total meant for NII category.

Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 7000000 and bid for 104576320 shares received . Bid from RII for IRCTC's IPO is 14.9395 times of total meant for RII category.

The total number of shares offered were 20160000 and bid for 2256962560 shares received .

IRCTC IPO Subscription Status
Qualified Institutional Buyers (QIBs)
Shares Allotted:10000000 shares
Shares Bid Received:1087887320 shares
Over Subscription in QIB:108.79 times
Non Institutional Investors (NIIs)
Shares Allotted:3000000 shares
Shares Bid Received:1063568360 shares
Over Subscription in NII:354.52 times
Retail Individual Investors (RIIs)
Shares Allotted:7000000 shares
Shares Bid Received:104576320 shares
Over Subscription in RII:14.94 times
Total
Total Shares Allotted:20160000 shares
Total Shares Bid Received:2256962560 shares
Over Subscription Total:111.95 times

IRCTC IPO Allotment and Listing permalink

IRCTC IPO got listed on . IRCTC IPO listed with 99.38% Premium on NSE (IRCTC) at Rs 622 and BSE (542830) at Rs 644. The allotment ratio for the IRCTC IPO remains at 876.

IRCTC IPO Allotment and Listing
Listing Date:
Issue Price:Rs 323
BSE Listing Price:Rs 644
NSE Listing Price:Rs 622
Return (In Rupees):Rs 321
Return (In Percentage):99.38%
Sector :MISC. COMMERCIAL SERVICES
BSE Group :B
BSE Code:542830
NSE Code:IRCTC
ISIN :INE335Y01012

IRCTC IPO FAQ permalink

Frequently Asked Questions related to the IRCTC IPO

When IRCTC IPO is expected? permalink

IRCTC IPO is not publised yet, it may be available in September 2020

What is IRCTC IPO? permalink

IRCTC initial public offering of 20160000 equity shares of the face value of Rs 10 aggregating up to ₹ 645 Crores. IRCTC IPO issue open date is 30th September 2019 and close date is 3rd October 2019 .

When IRCTC IPO will open and close? permalink

IRCTC IPO issue open date is 30th September 2019 and close date is 3rd October 2019 .

What is the lot size of IRCTC IPO? permalink

The lot size for IRCTC IPO is 40 shares.

What is the price band of IRCTC IPO? permalink

The price band for IRCTC is Rs 315 to Rs 320.

What is the minimum investment amount for IRCTC IPO? permalink

The minimum investment amount for IRCTC IPO is Rs 12600.

What is the IRCTC IPO investors portion? permalink

For retail investors (RII) 34.72% is allotted for investment. For NII 14.88% and QIB 49.6% is allotted.

What is the IRCTC IPO listing date? permalink

IRCTC IPO listing date is 1st September 2020.

How many share bid for IRCTC IPO by mutual funds? permalink

Mutual funds bid for 162710838 shares in Indian Railway Catering & Tourism Corporation ltd's IPO.

What is IRCTC IPO subscription on the first day? permalink

IRCTC IPO subscribed 81 % on the first day.

What is IRCTC IPO subscription? permalink

IRCTC IPO was oversubscribed 111.95 times.

What is IRCTC IPO listing date? permalink

IRCTC IPO listing date is 1st September 2020.

What is IRCTC IPO listing price? permalink

IRCTC IPO listing price is 644.

What is IRCTC IPO return? permalink

IRCTC IPO listing price is 644 and issue price was Rs 323. Return from IRCTC IPO is Rs 321 per equity share which is 99.38% .

What is BSE code for IRCTC? permalink

IRCTC BSE code is 542830.