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IRCTC Limited Logo

IRCTC Limited

Sep 30, 2019 – Oct 03, 2019
Listed Price:
₹644.00
(+101.25%)
Price Band₹315 - ₹320
Lot Size40 Shares
Allotment DateOct 10, 2019
Listing DateOct 14, 2019
Subscription-
Issue Size₹645.12 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

The Initial Public Offering of IRCTC Limited's culminated in its successful listing on Oct 14, 2019 at the NSE, BSE trading platform. The company secured 2,01,60,000 Shares through this capital market exercise, withTBD allocated to new capital formation.

Investors participated within the price parameters of ₹315 to ₹320, with minimum investment requirements of 40 shares. The subscription period from Sep 30, 2019 to Oct 03, 2019 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on Oct 10, 2019. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

IRCTC Limited IPO Details
IPO Date
:
Sep 30, 2019 to Oct 03, 2019
Allotment Date
:
Oct 10, 2019
List Date
:
Oct 14, 2019
Lot Size
:
40 share
Issue Price
:
₹315 - ₹320
Issue Size
:
2,01,60,000 (aggregating up to 645.12 Cr)
Fresh Issue
:
-
Offer For Sale
:
-
Listing At
:
NSE, BSE
Share Holding Pre-Issue
:
16,00,00,000
Share Holding Post-Issue
:
16,00,00,000
Market Marker Portion
:
-
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Company Financials (in Lakhs)
IRCTC Limited IPO About Company

Indian Railway Catering and Tourism Corporation Limited (IRCTC), established in 1999, is a government-owned company and a fully-owned subsidiary of Indian Railways. It is responsible for managing catering, tourism, online ticketing, and the supply of packaged drinking water on trains and at railway stations across India. In 2008, it was recognized as a Mini-Ratna (Category-I) Public Sector Enterprise by the Government of India. IRCTC’s official website, www.irctc.co.in, is one of the most visited websites in the Asia-Pacific region. As of August 31, 2019, around 1.40 million people traveled daily on Indian Railways, with over 840,000 passengers booking tickets online through IRCTC’s website and mobile app. Between April and June, the platform handled approximately 15 to 18 million transactions per month. In October 2018, IRCTC introduced i-Pay, its own payment gateway, to manage domestic debit and credit card transactions, with plans to expand its use in other sectors. The company also offers non-railway services like budget hotels, e-catering, and executive lounges to enhance customer convenience. IRCTC mainly operates in four key areas: travel and tourism, packaged drinking water, catering services, and internet ticketing. It provides tour packages by rail, road, air, and cruise, along with hotel and flight bookings. It also manufactures and supplies bottled water under the Rail Neer brand, offers onboard and station-based catering, and facilitates online ticket booking through its website and Rail Connect mobile app.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅IRCTC Limited IPO Strength Factors
  1. Authorized service provider for Indian Railways
  2. Offers tourism and hospitality services for both railway and non-railway sectors
  3. Has exclusive rights to supply packaged drinking water for Indian Railways
  4. Runs a strong and efficient operating system across various segments
⚠️IRCTC Limited IPO Risk Factors

NA

🏦IRCTC Limited IPO Lead Manager(s)
Yes Securities (India) LimitedSBI Capital Markets LimitedIDBI Capital Market Services Limited
👤IRCTC Limited IPO Promoter(s)

The President of India acting through the Ministry of Railways

🏢IRCTC Limited IPO Company Details

IRCTC Limited

Phone:+91 11 2331 1263
address:11th Floor, B - 148, Statesman House, Barakhamba Road, New Delhi - 110 001, India
📋IRCTC Limited IPO Registrar

Alankit Assignments Limited

Name:Alankit Assignments Ltd
Phone:(011) 4254 1234
❓IRCTC Limited IPO FAQs
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