Saturday, September 28, 2019

IRCTC IPO Subscription Numbers & Status

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