Indian Railway Catering and Tourism Corporation Ltd. i.e. IRCTC IPO dates are as follows, it will start accepting bids from 30th September 2019 and will end on 3rd October 2019. The company is going to raise around 645.12 crores via fresh issue of approx 2 crores equity shares of IRCTC.
The company is the only entity authorized by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India. It operates one of the most transacted websites, www.irctc.co.in, in the Asia-Pacific region with transaction volume averaging 15 to 18 million transactions per month during the three months ended 30 June 2019.
Delhi-Lucknow Tejas Express, which will be operational from October 5, will be the first train that will be fully run by the railways’ subsidiary, IRCTC and is Railway’s first step towards privatizing operations of some trains.
The company enjoys a virtual monopolistic business that is poised for bright prospects going forward. Checkout for IRCTC IPO dates, price band, and more details.
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IRCTC IPO Dates & Price Band:
| IPO Open: | 30th September 2019 |
| IPO Close: | 03rd October 2019 |
| IPO Size: | Rs. 645.12 Crore |
| Price Band: | Rs. 315 – 320 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 2,01,60,000 Shares |
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: 09th October 2019
- Refunds: 10th October 2019
- Credit to Demat accounts: 11th October 2019
- Listing: 14th October 2019
IRCTC IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 87.40% |
Read Also
IRCTC IPO Grey Market Premium
IRCTC IPO Dates and Review
IRCTC IPO Allotment Status
IRCTC IPO Listing Date
IRCTC Financial:
| (Rs. in Crore) | Revenue | Expense | PAT |
| 2014 | – | – | – |
| 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
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