IRCTC Limited IPO

Mainboard

Listed On: Oct 14, 2019 at ₹ 644

₹ 12800 /40 Shares

IPO Details

30 Sep, 2019

Open Date

03 Oct, 2019

Close Date

10 Oct, 2019

Allotment Date

14 Oct, 2019

Listing Date

Issue Price

Rs 315 - Rs 320 per Equity Share ( Retail discount of Rs 10/- )

Face Value

Rs 10 Per Equity Share

Listing at Group

BSE, NSE ( B - Group )

Registrar

ALANKIT ASSIGNMENTS LIMITED

List Price

644

Listing Date

2019-10-14

Market Lot

40 Shares ( Rs 12,800/- and after discount Rs 12,400/- )

Lead Manager

Yes Securities (India) Limited, SBI Capital Markets Limited and IDBI CAPITAL MARKETS SERVICES LIMITED

Issue Size

Offer for Sale of approx. 2,01,60,000 Equity Shares of Rs 10 each at price of Rs 315 - Rs 320 aggregating up to Rs 645.12 Cr

Retail Portion

N/A

Subscription

2,25,67,72,720 111.94 times

IPO Docs

No related IPO documents available.

The IPO of undefined is priced at Rs 315 - Rs 320 per Equity Share ( Retail discount of Rs 10/- ), which has a face value of Rs 10 Per Equity Share each. The company shall list its equity shares on BSE, NSE ( B - Group ). ALANKIT ASSIGNMENTS LIMITED is the registrar of the issue.

undefined IPO bid opening date is from Sep 30, 2019 and the bid closing date was Oct 3, 2019.
undefined IPO allotment result will be available on Oct 10, 2019. The tentative listing date for undefined is Oct 14, 2019.

The total issue size is Offer for Sale of approx. 2,01,60,000 Equity Shares of Rs 10 each at price of Rs 315 - Rs 320 aggregating up to Rs 645.12 Cr.

As on	QIB	NII	Retail	Employee	Total
Shares Offered / Reserved	1,00,00,000	30,00,000	70,00,000	1,60,000	2,01,60,000
Day 1 - 30-09-19	1200 0.00 x	6,32,960 0.21	1,55,76,320 2.23 x	1,83,560 1.15 x	1,63,94,040 0.81 x
Day 2 - 01-10-19	1,65,07,760 1.65 x	51,94,440 1.73	4,34,49,040 6.21 x	4,22,960 2.65 x	6,55,74,200 3.25 x
Day 3 - 03-10-19	1,08,78,87,320 108.79 x	1,06,35,68,360 354.52	10,43,83,160 14.91 x	9,33,880 5.84 x	2,25,67,72,720 111.94 x

Valuations

Earnings Per Share (EPS)

Rs 17.04

P/E Ratio

18.78

RoNW

26.14%

Net Asset Value (NAV) - As on 31.03.19

Rs 65.18

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Rail Vikas Nigam Limited	0.98	6.96	14.52%	7822.29
Ircon International Limited	0.94	9.60	9.81%	389.63

IPO - Ratings

Axis Capital	SUBSCRIBE
Anand Rathi	SUBSCRIBE
Cholamandalam Securities	SUBSCRIBE
ICICI Direct	SUBSCRIBE

- Promoter(s)

Company Promoter(s)

The President of India acting through the Ministry of Railways

IPO - Issue Objectives

To carry out the disinvestment of 2,01,60,000 Equity Shares by the Selling Shareholder constituting 12.60% of Company's pre-Offer paid up Equity Share capital.
To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

IPO - FAQs

Ans. IRCTC Limited IPO is a Mainboard IPO. The issue is priced at Rs 315 - Rs 320 per Equity Share ( Retail discount of Rs 10/- ). The minimum order quantity is 40 Shares. The IPO opens on Sep 30, 2019, and closes on Oct 3, 2019. ALANKIT ASSIGNMENTS LIMITED is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE ( B - Group ).

Ans. The IRCTC Limited IPO opens on Sep 30, 2019 and closes on Oct 3, 2019.

Ans. The size of IRCTC Limited IPO is Offer for Sale of approx. 2,01,60,000 Equity Shares of Rs 10 each at price of Rs 315 - Rs 320 aggregating up to Rs 645.12 Cr.

Ans. The IPO price band is set between Rs 315 - Rs 320 per Equity Share ( Retail discount of Rs 10/- ).

Ans. To apply for IRCTC Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find IRCTC Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of IRCTC Limited IPO is Oct 10, 2019.

Ans. The IRCTC Limited IPO will be listed on Oct 14, 2019.

Ans. Follow the steps to check the allotment status for IRCTC Limited IPO here.