IRCTC IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 30/09 - 03/10
Issue Size ₹645.12 Cr
Issue Price ₹315 - 320
Market Lot 40 Shares
Shares on Offer 20,160,000
Registrar
GMP N/A
Kostak ₹550-600
Subject to Sauda N/A
Listing Date 14/10
Listing Price ₹727
Listing Gain% 127.19

About IRCTC Limited

Incorporated in 1999, state-owned Indian Railway Catering and Tourism Corporation Limited (IRCTC) is a wholly-owned subsidiary of Indian Railways. IRCTC handles tourism, catering, online ticket booking services and provides packaged drinking water in trains and at railway stations in the country.

The company was conferred as a Mini-Ratna or Category-I Public Sector Enterprise by the Indian Government in 2008. In the last three months ended on 30th June, nearly 15 to 18 million transactions were placed per month through the IRCTC website.

IRCTC also provides non-railway services including budget hotels, e-catering and executive lounges to create a one-stop solution for customers.

Company Financials

Particulars 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets (In ₹ Millions) 25837.80 23191.06 18264.54
Total Revenue (In ₹ Millions) 19,566.60 15,695.60 16,028.50
Profit After Tax (PAT) (In ₹ Millions) 2,725.95 2,206.19 2,290.81

IRCTC Limited IPO Reviews

  • Rating: 
  • Recommendation:
  • We recommend subscription of IRCTC IPO.
  • Huge subscriptions for IRCTC IPO, expect bumper listing.

Subscription Details

Date & Time QIB NII RII Total
Day 1 - 30 Sep 2019 0.00 0.21 2.23 0.81
Day 2 - 01 Oct 2019 1.65 1.73 6.21 3.25
Day 3 - 03 Oct 2019 108.79 354.52 14.83 111.91

Allotment Status

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IPO Allotment Status

IRCTC Limited IPO FAQs

  1. When will IRCTC Limited IPO open?

    IRCTC Limited IPO will open on 30/09 and close on 03/10.

  2. What is the listing date of IRCTC Limited IPO?

    IRCTC Limited IPO will list on 14/10.

  3. What is the offer price of IRCTC Limited IPO?

    The offer price of IRCTC Limited IPO is ₹315 - 320.

  4. What is the lot size of IRCTC Limited IPO?

    The lot size of IRCTC Limited IPO is 40.

  5. What is the Grey Market Premium (GMP) price of IRCTC Limited IPO?

    The Grey Market Premium (GMP) price of IRCTC Limited IPO is Not Available at the moment.

  6. What is the Kostak price of IRCTC Limited IPO?

    The Kostak price of IRCTC Limited IPO is ₹550-600.

  7. What is the Subject to Sauda price for IRCTC Limited IPO?

    The Subject to Sauda price for IRCTC Limited IPO is Not Available at the moment.

IRCTC Limited IPO Review/Comments

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