IRCTC Limited IPO
MainboardListed On: Oct 14, 2019 at ₹ 644
₹ 12800 /40 Shares
30 Sep, 2019
Open Date03 Oct, 2019
Close Date10 Oct, 2019
Allotment Date14 Oct, 2019
Listing DateIPO Issue Details
- Issue Price Rs 315 - Rs 320 per Equity Share ( Retail discount of Rs 10/- )
- Face Value Rs 10 Per Equity Share
- Issue Price 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
- Listing at BSE, NSE ( B - Group )
- List Price 644
- Listing Date 2019-10-14
- Lead Manager Yes Securities (India) Limited, SBI Capital Markets Limited and IDBI CAPITAL MARKETS SERVICES LIMITED
- Registrar ALANKIT ASSIGNMENTS LIMITED
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹315 - 320 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Sep 30, 2019 and ends on Oct 3, 2019. The allotment for IPO will be finalized on Oct 10, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 14, 2019. The company shall list its equity shares on the BSE, NSE ( B - Group ). ALANKIT ASSIGNMENTS LIMITED is the registrar of the issue.
The book-running lead manager for the IPO is/are Yes Securities (India) Limited, SBI Capital Markets Limited and IDBI CAPITAL MARKETS SERVICES LIMITED.
The IPO sets its price band at 315 - 320 for each share. A single application for IRCTC Limited IPO must contain at least 40 shares.
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IPO Subscription Analysis And Details
| 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
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 - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Rail Vikas Nigam Limited | 0.98 | 6.96 | 14.52% | 7822.29 |
| Ircon International Limited | 0.94 | 9.60 | 9.81% | 389.63 |
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. You can track the real-time subscription numbers using the links below:
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 IRCTC Limited 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, 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 IRCTC Limited IPO allotment status online.
