IRCTC IPO Review, Dates, Allotment, Bid Details, Subscribe, Price & Size

In this article, we will discuss in details about the IRCTC IPO dates, size, its 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 DateNA
Close DateNA
IPO Price BandNA
Face ValueRs. 10
No. of SharesNA
Share PriceNA
Share PremiumNA
IPO SizeNA

IPO - Get 100% IPO Allotment


Summary – IRCTC Limited

IRCTC IPO

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, managing hospitality services at railway stations, on trains and other locations and to 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 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 their objective to build a “one-stop solution” for their 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, 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 the closing date of Chemcon IPO is [●].


IRCTC IPO Subscription

Day / DateQIBNIIRIITotal 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, managing hospitality services at railway stations, on trains and other locations and to 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 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 Standalone statement:-

Amount (in INR & Millions)
31-Mar-1931-Mar-1831-Mar-17
Total Assets25,837.8023,191.0618,264.54
Total Revenue19,566.6015,695.6016,028.50
Total Expense15,266.9712,239.2712,477.82
Profit After Tax2,725.952,206.192,290.81

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


 

Leave a Reply

++++++++++++++++++++++++++++++++++++++++++++++++++++++20026IPO%%%%%%%
Get 100% IPO Allotment Guarantee! Subscribe to IPO
×

Share your details & Become Sub Broker Now!



Choose Service
Open Demat Account

Offer valid for limited time.

×

Share your details & Open Demat A/C Now!



Choose Service
Open Demat Account

Offer valid for limited time.

×

Share your details & Get IPO Allotment Now!



Choose Service
Open Demat Account

Offer valid for limited time.

×

Share your details & Invest in PMS Now!



Choose Service
Open Demat Account

Offer valid for limited time.