In this article, we will discuss in detail the IRCTC IPO dates, size, allotment status, IRCTC IPO subscription, grey market premium, and its company’s financial status that will help you to conclude whether you should invest or subscribe for this IPO or not.
| IRCTC IPO Highlights | |
| Open Date | NA |
| Close Date | NA |
| IPO Price Band | NA |
| Face Value | Rs. 10 |
| No. of Shares | NA |
| Share Price | NA |
| Share Premium | NA |
| IPO Size | NA |
Summary – IRCTC Limited
As a Central Public Sector Enterprise wholly owned by the Government of India and under the administrative control of the Ministry of Railways, they are 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.
They were incorporated with the objective to upgrade, modernize and professionalize catering and hospitality services, manage hospitality services at railway stations, on trains, and other locations, and promote international and domestic tourism in India through public-private participation. It has conferred the status of Mini – Ratna (Category-I Public Sector Enterprise) by the Government of India, on May 1, 2008.
They operate 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 that ended June 30, 2019.
It is also diversified into other businesses, including non-railway catering and services such as e-catering, executive lounges, and budget hotels, which are in line with its objective to build a “one-stop solution” for its customers.
The Promoters of this company is the President of India acting through the Ministry of Railways, Government of India. The lead managers to the issue are IDBI Capital Markets & Securities Limited, SBI Capital Markets Limited, and YES Securities (India) Limited, and the Registrar to this issue is Alankit Assignments Limited
IRCTC IPO Review
The total revenues, excluding interests and dividend income for Fiscal 2017, Fiscal 2018, and Fiscal 2019 were 15,558.42 million, Rs. 15,199.89 million, and Rs. 18,993.29 million, respectively.
Its profit after tax (excluding other comprehensive income for Fiscal 2017, Fiscal 2018, and Fiscal 2019 were Rs. 2,290.81 million, Rs. 2,206.19 million, and 2,725.95 million respectively.
IRCTC IPO Date
The opening and closing date of Chemcon IPO is [●].
IRCTC IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day | ||||
| 2nd Day | ||||
| 3rd Day | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
IRCTC IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
IRCTC IPO Grey Market Premium
The IRCTC IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
IRCTC IPO Price
The price band of a minimum price of ₹ [●] per Equity Share (Floor Price) and the maximum price of ₹ [●] per Equity Share (Cap Price), including any revisions thereof.
IRCTC IPO Issue Size
The Offer is an initial public offering of [●] Equity Shares of the Company through an Offer for Sale by the Selling Shareholder for cash at an Offer Price of ₹ [●] per Equity Share, aggregating to ₹ [●] million.
IRCTC – Company Overview
They were incorporated with the objective to upgrade, modernize and professionalize catering and hospitality services, manage hospitality services at railway stations, on trains, and other locations, and promote international and domestic tourism in India through public-private participation.
They have conferred the status of Mini – Ratna (Category-I Public Sector Enterprise) by the Government of India, on May 1, 2008. 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 that ended June 30, 2019.
They have also diversified into other businesses, including non-railway catering and services such as e-catering, executive lounges, and budget hotels, which are in line with their objective to build a “one-stop solution” for their customers.
Currently, It operates in four business segments, namely, internet ticketing, catering, packaged drinking water under the “Rail Neer” brand, and travel and tourism
IRCTC – Company Financials
On the basis of the Standalone statement:-
| Amount (in INR & Millions) | |||
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Total Assets | 25,837.80 | 23,191.06 | 18,264.54 |
| Total Revenue | 19,566.60 | 15,695.60 | 16,028.50 |
| Total Expense | 15,266.97 | 12,239.27 | 12,477.82 |
| Profit After Tax | 2,725.95 | 2,206.19 | 2,290.81 |
IRCTC IPO Lead Managers
| Lead Managers |
| IDBI Capital Markets & Securities Limited
SBI Capital Markets Limited YES Securities (India) Limited |
IRCTC Registrar to the Offer
| Registrar to the Offer |
| 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 SEBI Registration No.: INR000002532 |
IRCTC IPO Conclusion
IRCTC IPO News
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