IRCON International IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 470.49 Cr. The company is based in New Delhi and caters to Infrastructure sector. Idbi Capital Market Services , Axis Capital , SBI Capital Markets are the merchant bankers of IRCON International IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th March 2018.
IRCON International IPO open date is 17th September 2018 and close date is 19th September 2018. IPO Allotment Date is 25th September 2018 and Listing date is 28th September 2018.IRCON International IPO size is ₹ 470.49 Cr. with IPO price of ₹ 475.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Idbi Capital Market Services Limited is the book-running lead manager of the IRCON International IPO. Kfin Technologies Limited is the Registrar for IRCON International IPO.
IRCON International IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IRCON International IPO, based in New Delhi, operates in the Infrastructure sector with a focus on infrastructure projects. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. IRCON International IPO size is ₹ 470.49 Cr. with fresh issue size of ₹ 470 and Offer for sale being ₹ Nil
The IPO allotment date for IRCON International IPO is expected to be 25th September 2018, after the finalization of basis of allotment. Investors can check IRCON International IPO allotment status on the registrars website, Kfin Technologies Limited . IRCON International IPO refund dates are 26th September 2018.
IRCON International IPO is expected to be listed on 28th September 2018.
The upper price band for the IRCON International IPO is set at ₹ 475.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on IRCON International IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the IRCON International IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th September 2018. After submission, funds are blocked until the basis of allotment of IRCON International IPO is finalised.
The merchant banker for IRCON International IPO is Idbi Capital Market Services Limited , Axis Capital Limited , SBI Capital Markets Limited . Idbi Capital Market Services Limited , Axis Capital Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the IRCON International IPO RHP for further details.
The registrar for IRCON International IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to IRCON International IPO through their official website or helpline.
IRCON International IPO was subscribed 9.77 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IRCON International IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on IRCON International Financial Review Page
Merchant Banker(s) of IRCON International IPO: Idbi Capital Market Services Limited , Axis Capital Limited , SBI Capital Markets Limited
IRCON International IPO subscription was 9.77 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
IRCON International IPO listed at a listing price of 416.65 against the offer price of 475.00.
The current market price of IRCON International is 186.90.
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