Friday, April 19, 2019

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: kamalarora@alankit.com/ abhijitd@alankit.com
Investor grievance E-mail: irctcigr@alankit.com
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: ipo@irctc.com
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)