IRCTC IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 645.12 Cr. The company is based in New Delhi and caters to Railway sector. Idbi Capital Market Services , SBI Capital Markets , Yes Securities (India) are the merchant bankers of IRCTC IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st August 2019.
IRCTC IPO open date is 30th September 2019 and close date is 3rd October 2019. IPO Allotment Date is 9th October 2019 and Listing date is 14th October 2019.IRCTC IPO size is ₹ 645.12 Cr. with IPO price of ₹ 320.00. 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 IRCTC IPO. Alankit Assignments Limited is the Registrar for IRCTC IPO.
IRCTC IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IRCTC IPO, based in New Delhi, operates in the Railway sector with a focus on IRCTC. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. IRCTC IPO size is ₹ 645.12 Cr. with fresh issue size of ₹ 645 and Offer for sale being ₹ Nil
The IPO allotment date for IRCTC IPO is expected to be 9th October 2019, after the finalization of basis of allotment. Investors can check IRCTC IPO allotment status on the registrars website, Alankit Assignments Limited . IRCTC IPO refund dates are 10th October 2019.
IRCTC IPO is expected to be listed on 14th October 2019.
The upper price band for the IRCTC IPO is set at ₹ 320.00 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 IRCTC 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 IRCTC 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 3rd October 2019. After submission, funds are blocked until the basis of allotment of IRCTC IPO is finalised.
The merchant banker for IRCTC IPO is Idbi Capital Market Services Limited , SBI Capital Markets Limited , Yes Securities (India) Limited . Idbi Capital Market Services Limited , SBI Capital Markets Limited , Yes Securities (India) Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the IRCTC IPO RHP for further details.
The registrar for IRCTC IPO is Alankit Assignments Limited . Investors can go to Alankit Assignments Limited registrar website for IPO allotment status, refund processing, and other queries related to IRCTC IPO through their official website or helpline.
IRCTC IPO was subscribed 18.80 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IRCTC IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on IRCTC Financial Review Page
Merchant Banker(s) of IRCTC IPO: Idbi Capital Market Services Limited , SBI Capital Markets Limited , Yes Securities (India) Limited
IRCTC IPO subscription was 18.80 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.
IRCTC IPO listed at a listing price of 728.60 against the offer price of 320.00.
The current market price of IRCTC is 765.30.
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